The Kotter Company Has Gathered the Following Information for the Year

The Kotter Company has gathered the following information for the year ended December 31, 20X0: $\begin{array}{ll}\text { Sales } & \$ 104,000 \\\text { Direct materials used } & 30,800 \\\text { Direct labor } & 20,200\\\text { Fixed: }\\\text { Factory overhead }&12,400\\\text { Selling expenses } & 4,200 \\\text { Administrative expens es } & 8,600\\\text { Variable: }\\\text { Factory overhead } & 6,600 \\\text { Selling expenses } & 8,800 \\\text { Administrative expens es } & 4,600\\\text { Beginning work in process invent ory } & 50,000 \\\text { Ending work in process inventory } & 30,000 \\\text { Beginning finished goods inventory } & 0 \\\text { Ending finished goods inventory } & 25,000\end{array}$ a. Compute the cost of goods manufactured
b. Compute the cost of goods sold