Os E H L a 1 2 D FIVE FORMULAS Compute the required lems and enter them in column Answers Here Te simplify the COGM men, think of its four formula, the this the calculation of Cogs on the income statement 1. DIRECT MATERIALS COST 5 6 7 2. TOTAL MFG COST INCURRED TOTALMANACTURINS COST. 9 10 11 O COGM/COGS Data RAW MATERALS WORK IN PROCESS FINISHED GOODS 1/1/20 45,000 60,000 70,000 12/31/20 70,000 54.000 44,000 DODON 10000 COST OF GOODS MANUFACTURED S. COST OF GOODS SOLD D 15 16 RAW MATERIALS PURCHASES DIRECT LABOR COST FACTORY OVERHEAD COST 120,000 189,000 110,000 17 19 21 27 30 13 as 36 17