Work in process inventory was $14,400 at January 1 and $17,400 at December 31 . Finished goods inventory was $64,000 at January 1 and $45,900 at December 31. (a) Your answer is correct. Compute cost of goods manufactured. Cost of goods manufactured $ eTextbook and Media Attempts: 1 of 5 used (b) - Your answer is incorrect. Compute cost of goods sold. Cost of goods sold