Information for Zip Manufacturing follows:

Beginning raw materaisl inventory $46,800

Beginning goods in process inv. 21,200

Direct labor 81,000

Beginning finished goods invetory 64,000

Total factory overhead 106,000

Raw materials purchased 21,500

Ending raw materails inventory 40,000

Ending goods in process inv 20,000

Ending finished goods inventory 46,000

Calcualte (a) the Cost of Goods Manufactured and (b) the Cost of Goods Sold.