The following cost information is presented for Phoenix Ltd. for the most recent period.

Cost of direct material used in manufacturing..............................$62,000
Direct labour costs...............................................................................15,000
Manufacturing overhead.......................................................................6,500
Sales commissions at 8% of sales......................................................22,000
Opening finished goods inventory.......................................................5,000
Opening work-in-process inventory.....................................................3,000
Ending finished goods inventory........................................................12,000
Ending work-in-process inventory......................................................12,000

Required:

What was the cost of goods manufactured for Phoenix?