Selected data concerning the past fiscal year’s operations of the Mistry Manufacturing Company are as follows (in thousands):

Consider the following data for Words Printing Company (in thousands):

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INVENTORIES Raw materials Work-in-process Finished goods Other data: Raw materials used BEGINNING ENDING $55 $75 75 35 90 110 Total manufacturing costs charged to production during the year (includes raw materials, direct labour, and factory overhead applied at a rate of 80% of direct labour cost) Cost of goods available for sale Selling and general expenses $455 851 1,026 50