Information for the Ape Manufacturing Company follows. Compute the cost of goods manufactured for this company.

Beginning raw materials inventory.................. $ 66,300 Beginning works in process, inventory............ 82,700 Ending raw materials inventory ....................... 55,100 Ending works in process, inventory................. 98,500 Direct labor....................................................... 162,800 Factory insurance .................................................... 15,500 Repairs of factory equipment.................................. Interest expense ....................................................... 12,000 Factory utilities ....................................................... 14,000 Factory maintenance ............................................... 7,500 Depreciation of factory equipment ......................... 25,000 Rent on factory building ................................ 25,000 ...... Raw material purchases ....................................... 255,000

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