The following costs were incurred by a manufacturing company $121,000 6,380 950 150,600 Materials used in product Depreciation on plant Property taxes on plant Labour costs of assembly-line workers Factory supplies used Advertising expense Factory insurance Factory supervisor's salary 3,300 4.900 21,750 50,500 Work in process inventory was $5,300 at January 1 and $ 6,500 at December 31. Finished goods inventory was $ 30,200 at January 1 and $ 30,000 at December 31. Calculate cost of goods manufactured. Cost of goods manufactured $ eTextbook and Media Calculate cost of goods sold. Cost of goods sold e Textbook and Media