Compute the Cost of Goods Manufactured and Cost of Goods Sold for Blue Sea Company for the
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Beginning End End of Year Raw materials inventory$27,000 $31,000 Insurance on plant.$ 8,000 Work process inventory. $43.000 $28.000 Depreciation-plant building and equipment. $12,700 Finished goods inventory. 16,000 $29,000 Repairs and maintenance-plant 4,100 $79,000 Marketing expenses$76,000 $83,000 General and administrative expense$27,500 of Year of Year Purchases of direct materials.. Direct labor Indirect labo $46,000
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