1. Use the following data for Coral Gables LLC. manufacturing company to compute:

Cost of Goods Manufactured and Cost of Goods Sold.

Direct Materials Inventory 01-01-22 $4,200

Direct Materials Inventory 12-31-22 4,600

Direct Materials Purchases 14,800

Manufacturing Overhead 7,600

Work in Process Inventory 01-01-22 5,200

Work in Process Inventory 12-31-22 5,000

Direct Labor 4,400

Finished Goods Inventory 01-01-22 2,600

Finished Goods inventory 12-31-22 14,800