• Costs of Goods Manufactured $162,000 & Cost of Goods Sold $157,000

• Costs of Goods Manufactured $249,000 & Cost of Goods Sold $182,000

• Costs of Goods Manufactured $157,000 & Cost of Goods Sold $162,000

• Costs of Goods Manufactured $182,000 & Cost of Goods Sold $249,000

Use the following information for a manufacturer to compute cost of goods manufactured and cost of goods sold: Ending $ 12,000 87,000 25,000 Inventories: Beginning Direct Materials $ 16,000 Work-in-Process 98,000 Finished Goods 20,000 Other information: Purchases of direct materials Direct labor Manufacturing overhead $ 37,000 76,000 34,000