The accounting information system of Bosch Inc. reported the following cost and inventory data for the year.

Required
A. Calculate the cost of goods manufactured.
B. Calculate the cost of goods sold.
C. List the costs not included in the calculations of cost of goods manufactured and cost of goods sold and discuss why you excluded them from those calculations.
D. If raw materials and work in process inventories had decreased during the year, would the financial statements be different?How?

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Costs Incurred Raw materials purchased Direct labor Indirect labor Equipment maintenance Insurance on factory Rent on factory Equipment depreciation Factory supplies Advertising expenses Selling and administrative expenses $125,000 75,000 40,000 10,000 12,000 30,000 20,000 11,000 15,000 21,000 Ending Balance $17,000 31,000 25,000 Beginning Inventories Raw materials Work in process Finished goods Balance $10,000 20,000 30,000