The following information is available for Marin Company. January 1, 2022 2022 December 31, 2022 Raw materials inventory $22,000 $31,800 Work in process inventory 14,700 18,350 Finished goods inventory 28,750 22,260 Materials purchased $159,000 Direct labor Manufacturing overhead Sales revenue 233,200 190,800 964,600 (a) Your answer is correct. Compute cost of goods manufactured. (Assume that all raw materials used were direct materials.) MARIN COMPANY Cost of Goods Manufactured Schedule Work in Process, Jan. 1 Direct Materials Raw Materials Inventory, Jan. 1 $ 22000 Raw Materials Purchased 159000 Raw Materials Available for Use 181000 Less Raw Materials Inventory, Dec. 31 31800 Direct Materials Used Direct Labor Manufacturing Overhead Total Manufacturing Costs Total Cost of Work in Process Less Work in Process, Dec. 31 Cost of Goods Manufactured eTextbook and Media $ 149200 233200 190800 Attempts: 1 of 3 used (b) (c) Prepare an income statement through gross profit. eTextbook and Media Save for Later MARIN COMPANY Income Statement (Partial) $ $ $ Attempts: 0 of 3 used Submit Answer The parts of this question must be completed in order. This part will be available when you complete the part above