Compute the Cost of Goods Manufactured and Cost of Goods Sold for Striker Company for the most recent year using the amounts described next. Assume that Raw Materials Inventory contains only directmaterials.

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Beginning End End of Year of Year Raw materials inventory$21,000 30,000 Insurance on plant... Work process inventory Finished goods inventory$15,000 $28,000 Repairs and maintenance-plant Purchases of direct materials... Direct labornu Indirect labor of Year S 8,500 41,000 34,000 Depreciation-plant building and equipmen... $13300 ..3,700 $77,000 $87,000 General and administrative expenses$30,500 $70,000 Marketing expenses $43,000