Use the following inventory data for Slicing Golf Company to compute the cost of goods manufactured for the year:
Direct Materials Used........$ 12,000
Manufacturing Overhead...... 22,000
Work-in-Process Inventory:
Beginning.............. 7,000
Ending.............. 5,000
Direct Labor............. 13,000
Finished Goods Inventory:
Beginning.............. 19,000
Ending.............. 15,000