Question Help Compute the cost of Goods Manufactured and Cost of Goods Sold for Quality Acquatic Company for the most recent year using the amounts described next Assume that Raw Materials inventory contains only direct materials Click the icon to view the data) work a/Test Start the calculation for cost of goods manufactured by calculating the direct materials used Quality Acquatic Company Calculation of Direct Materials Used For Current Year Plus Less Det materials used Incorrecto 01) Data Table Beginning End of End of of Year Year Year Raw materials inventory ........$ 29,000 $ 31,000 Insurance on plant... .....$ 8,500 Work in process inventory.....$ 39,000 $ 34,000 Depreciation-plant building and equipment ....$ 13,100 Finished goods inventory .......$ 19,000 $ 21,000 Repairs and maintenance-plant ...............$ 3,700 Purchases of direct materials... $ 70,000 Marketing expenses ................$ 84,000 Direct labor ............... $ 84,000 General and administrative expenses .........$ 24,500 Indirect labor $ 38,000 Print Done Ist or enter any number in the input fields and then click Check