please solve this question correctly with explantation and take care of plagiarism

You have to prepare the cost of good sold

Premium Manufacturing Company has the following cost and expense data for the year ended December 31, 2022 Raw materials January 1 $ 30,000 Insurance - factory building $ 14,000 Raw materials December 31 20.000 Raw materials purchased 205,000 Indirect materials 15,000 Work in process, January 1 80,000 Work in process, December 31 50,000 Finished goods, January 1 110,000 Finished goods December 31 120,000 Direct labour 350,000 Factory manager's salary 35,000 Property taxes - factory bldg. Sales (net) Delivery expenses Sales commissions Indirect Labour Factory machinery rent Factory utilities Depreciation - factory building Administrative expenses 6,000 1,500,000 100,000 150.000 90,000 40,000 65,000 24,000 300.000 I 10. Prepare a cost of goods manufactured schedule for Premium Manufacturing Company for 2022. (16 points) Premium Manufacturing Company has the following cost and expense data for the year ended December 31, 2022: Raw materials, January 1 $ 30,000 Insurance -- factory building $ 14,000