Determining Cost of Goods Sold for a Manufacturing Company Ybarra Products began operations in 2017. During its first year, the company purchased raw materials costing $151,200 and used $113,400 of those materials in the production of its products. The company's manufacturing operations also incurred labor costs of $104,400 and overhead costs of $50,400. At year end 2017, Ybarra had $34,200 of partially completed product in work-in-process inventory and $63,000 in finished goods inventory.

What was Ybarra Company's cost of goods sold in 2017 ?

Do not use negative signs with any of your answers.

Work in Process Inventory
Beginning inventory			$ 0
Materials used			Answer
Labor costs			Answer
Overhead costs			Answer
Cost of goods produced			Answer
Ending inventory			Answer

Finished Goods Inventory
Beginning inventory			$ 0
Cost of goods produced			Answer
Cost of goods sold			Answer
Ending inventory			Answer