The following information relates to the 2020 operations of Ace Manufacturing Company. 
Required:
a.What is Ace's cost of goods manufactured for the year?
b.What is Ace's Cost of Goods Sold for the year?
Definitions:
Metri-Pack 280
A type of electrical connector designed for automotive use, known for its waterproof and modular design, accommodating various wiring configurations.
OEM Data Hub
A centralized platform or database used by Original Equipment Manufacturers to manage and distribute vehicle data and specifications.
Truck Data Bus
A communications system within a truck that allows for the exchange of data and control signals between electronic control units.
FMIs
Failure Mode Identifiers, part of diagnostic codes used in vehicle electronic systems to specify the type of failure detected.
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