Cement manufacturer has the following costs. Calculate the cost of goods manufactured and the cost of goods sold for the company for the year.

Raw materials inventory beg. of year $52,000

Depreciation plant & equipment $28,000

Raw materials inventory end of year 46,000

Repairs and maintenance plant 4,000

Work in process inv. beg. of year 110,000

Insurance on plant 12,000

Work in process inv. end of year 85,000

General and administration exp. 29,000

Finished goods inv. beg. of year 26,000

Indirect labor 27,000

Finished goods inv. end of year 54,000

Direct labor 178,000

Purchase of direct materials 37,000

Marketing expenses 62,000