value: 10.00 points Compute cost of goods sold for year 2011 using the following information. (Omit the "S" sign in your response.) Finished goods inventory, Dec. 31, 2010 Goods in process inventory, Dec. 31, 2010 Goods in process inventory, Dec. 31, 2011 Cost of goods manufactured, year 2011 Finished goods inventory, Dec. 31, 2011 $ 321,500 74,550 81,200 972,345 297,200 Cost of goods sold References Worksheet Difficulty: 2 Medium Learning Objective, 18-PACT manufacturer Ask your instructor a question Check my work