The following are account balances relating to 2019 (in thousands). (Click the icon to view the account balances.) Required Compute the cost of (a) goods manufactured and (b) cost of goods sold. (a) Calculate the cost of goods manufactured by completing the schedule. Schedule of Cost of Goods Manufactured Account Balances Property tax on plant building Indirect manufacturing costs: - X $4,400 Marketing, distribution, and customer-service costs 44,500 Finished goods inventory, January 1, 2019 32,400 For the Year Ended December 31, 2019 (in thousands) Plant utilities 20,600 Work-in-process inventory, December 31, 2019 31,350 Depreciation of plant building 10,900 General and administrative costs (nonplant) 51,500 Direct materials used 104,500 Finished goods inventory, December 31, 2019 40,300 Depreciation of plant equipment 13,400 Plant repairs and maintenance 19,600 Work-in-process inventory, January 1, 2019 24,400 Direct manufacturing labour 40,000 Indirect manufacturing labour 27.300 Indirect materials used 13,000 Miscellaneous plant overhead 4,500 Manufacturing costs incurred during 2019 Choose from any list or enter any number in the input fields and then continue to the next question. KET Print Done ASUS VivoBook O The following are account balances relating to 2019 (in thousands). (Click the icon to view the account balances.) Required Compute the cost of (a) goods manufactured and (b) cost of goods sold. Manufacturing costs incurred during 2019 Cost of goods manufactured (b) Calculate the cost of goods sold by completing the following schedule. Schedule of Cost of Goods Sold For the Year Ended December 31, 2019 (in thousands) Cost of goods sold Choose from any list or enter any number in the input fields and then continue to the next question 4NG Account Balances - X Property tax on plant building $4,400 Marketing, distribution, and customer-service costs 44,500 Finished goods inventory, January 1, 2019 32,400 Plant utilities 20,600 Work-in-process inventory, December 31, 2019 31,350 Depreciation of plant building 10,900 General and administrative costs (nonplant) 51,500 Direct materials used 104,500 Finished goods inventory. December 31, 2019 40,300 Depreciation of plant equipment 13,400 Plant repairs and maintenance 19,600 Work-in-process inventory, January 1, 2019 24,400 Direct manufacturing labour 40,000 Indirect manufacturing labour 27,300 Indirect materials used 13.000 Miscellaneous plant overhead 4,500 Print Done ASUS VivoBook 802