Question 9 Glavine Corporation incurred the following costs while manufacturing its product. Materials used in product $125,000 Depreciation on plant 60,000 Property taxes on store 7,500 Labor costs of assembly-line workers 110,000 Factory supplies used 23,000 Advertising expense 45,000 Property taxes on plant 19,000 Delivery expense 21,000 Sales commissions 35,000 Salaries paid to sales clerks 50,000 Work-in-process invatory was $27,000 at January 1 and $15,500 at December 31. Finished goods inventory was $65,000 at January 1 and $50,600 at December 31. Compute cost of goods manufactured. Cost of goods manufactured $ Compute cost of goods sold. Cost of goods sold