Steep Tight, Inc, manufactures comforters. The estimated inventories on January 1 for finished goods, work in process, and materials were s40, 000, 533,000 , and $27,000, respectively. The desired inventories on December 31 for finished goods, work in process, and materials were $44,000, 535,000 , and $21,000, respectively. Direct materials purchases were $555,000, direct labor was $243,000 for the year, and factory overhead was 5144,000 . Preoare a cost of goods sold budget for Sleep. Tight, Inc