Boboy Company manufactures fishing rods. At the beginning of July, the following information was supplied by its accountant:

RM

Raw material inventory 40,000

Work in process inventory 21,000

Finished goods inventory 23,200

During July, the direct labour cost was RM43,500, raw material purchases were RM64,000 and total overhead cost was RM108,750. The inventories at the end of July were:

RM

Raw materials inventory 19,800

Work in process inventory 32,500

Finished goods inventory 22,100

Required:

1. What is the cost of the direct materials used in production during July?
2. What is the cost of goods manufactured for July?
3. What is the cost of goods sold for July?