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 beginning of year: OMR 52,000
• Raw Materials Inventory End of year: 46,000
• Work in Process Inventory beginning of year: 110,000
• Work in Process Inventory End of year: 85,000
• Finishing goods Inventory beginning of year: 26,000
• Finishing goods Inventory End of year: 54,000
• Purchase of direct materials: 37,000
• Depreciation plant & equipment: 28,000
• Repairs & maintenance plant: 4,000
• Insurance on plant: 12,000
• General & Administration exp. 29,000
• Indirect labor: 27,000
• Direct Labor: 178,000
• Marketing Expenses: 62,000