Cost of Goods Manufactured and Sold The Hardback Plastics Corporation manufactures plastic parts for customers's orders and uses a normal job order cost system. I heir accounting department collected the following cost data in connection with their production for the month of September 20X6: Beginning inventories, September 1, 20X6 Raw materials $15,000 Work-in-process 16 500 Finished goods 52,000 Costs for September: Purchases of raw materials $63,000 Raw materials placed in production 70,000 Direct labor costs (20,000 hours) 80,000 Actual manufacturing overhead costs: Indirect labor 16,000 Indirect materials and supplies 5,000 Factory insurance F 1,000 Factory property taxes 1, 500 Depreciation factory building and equipment 2, 500 Other factory overhead costs 13,000 Predetermined overhead rate: $4.00 per direct labor hour Costs of work-in-process transferred to finished goods inventory 170,000 Finished goods inventory, September 36,000 Selling expenses 65,000 Administrative expenses 52,000 Compute inventory of raw materials, September 30, 20X6. Compute work-in-process on September 30, 20X6 Determine cost of goods sold for September. 20X6. (Any under- or overapplied overhead is closed to cost of goods sold.)