Concord Corporation incurred the following costs while manufacturing its product.

Materials used in product $125,700 Advertising expense $51,700

Depreciation on plant 63,400 Property taxes on plant 23,100

Property taxes on store 8,100 Delivery expense 24,700

Labor costs of assembly-line workers 116,100 Sales commissions 43,900

Factory supplies used 31,700 Salaries paid to sales clerks 52,800

Work in process inventory was $13,800 at January 1 and $17,600 at December 31. Finished goods inventory was $68,800 at January 1 and $45,700 at December 31.

Compute cost of goods manufactured.

Compute costs of goods sold.