Glavine Corporation incurred the following costs while manufacturing its product.

Materials used in product $125,000

Depreciation on plant 60,000

Property taxes on store 7,500

Labor costs of assembly-line workers 110,000

Factory supplies used 23,000

Advertising expense 45,000

Property taxes on plant 19,000

Delivery expense 21,000

Sales commissions 35,000

Salaries paid to sales clerks 50,000

Work-in-process inventory was $27,000 at January 1 and $15,500 at December 31. Finished goods inventory was $65,000 at January 1 and $50,600 at December 31.

Compute cost of goods manufactured. Cost of goods manufactured $

Compute cost of goods sold. Cost of goods sold $