this is one question
Compute the cost of Goods Manufactured and cost of Goods Sold for Clear Bay Company for the most recent year using the amounts described next. Assume that Raw Materials inventory contains only direct materials Click the loon to view the data) Start the calculation for cost of goods manufactured by calculating the direct materials used Clear Bay Company Calculation of Direct Materials Used For Current Year Plus Data Table - Less End of Direct materials used Calculate the cost of goods manufactured Clear Bay Company Calculation of Cost of Goods Manufactured For Current Year Beginning End of of Year Year $ 23,000 $28.000 Insurance on plant $ 42.000 $ 35,000 Depreciation plant building and equipment S 16,000 $ 29,000 Repairs and maintenance plant $ 72,000 Marting expenses $ 80,000 General and administrative expenses $ 45.000 Year 5 9,000 $13.400 $ 4.400 Raw materials inventory Work in process inventory Finished goods inventory Purchases of direct materials Direct labor Indirect labor $ 79.000 $ 30,500 Pus Manufacturing costs incurred Print Done Less Choose from any it or enter any number in the input fields and then continue to the next question Clear Bay Company Calculation of Cost of Goods Manufactured For Current Year Plus: Manufacturing costs incurred 1 Data Table End of Beginning of Year End of Year $ $ Year $ 9,000 $13.400 $ Less Cost of goods manufactured Now calculate the cost of goods sold Clear Bay Company Calculation of Cost of Goods Sold For Current Year Raw materials inventory Work in process inventory Finished goods inventory Purchases of direct materials Direct labor Indirect labor 23,000 $20,000 insurance on plant 42.000 $ 36,000 Depreciation plant building and equipment 16.000 $ 20.000 Repairs and maintenance plant $ 72,000 Marketing expenses $ 80,000 General and administrative expenses $ 45,000 5 4,400 $ 79,000 $30 500 Print Done Plus Less Cost of goods sold Choose from any list or enter any number in the input fields and then continue to the next