Beasanne's Die-Cuts is preparing its cost of goods manufactured schedule at year-end. Beasane's accounting records show the following. The raw materials inventory account had a beginning balance of $22,000 and an ending balance of $23,000. During the year, Beasanne purchased $67,000 of direct materials. Direct labor for the year totalled $115,000, while manufacturing overhead amount to $165,000. The work in process inve tory account had a beginning balance of $25,000 and an ending balance of 19,000. Compute the cost of goods manufactured for the year . (hint . the first step is to calculate the direct materials used during the year