Management of Thede Corporation has asked your help as an intern in preparing some key reports for July. The beginning balance in the raw materials inventory account was $$29,000.$ During the month, the company made raw materials purchases amounting to $$55,000.$ At the end of the month, the balance in the raw materials inventory account was $$37,000.$ Direct labor cost was $$41,000$ and manufacturing overhead cost was $$61,000.$ The beginning balance in the work in process account was $$22,000$ and the ending balance was $$23,000.$ The beginning balance in the finished goods account was $$42,000$ and the ending balance was $$55,000.$ Sales totaled $$230,000.$ Selling expense was $$13,000$ and administrative expense was $$32,000.$

$67.$ The cost of goods manufactured for July was:

A$.$ $$149,000$

B$.$ $$150,000$

C$.$ $$148,000$

D$.$ $$157,000$

$68.$ The net operating income for July was:

A$.$ $$28,000$

B$.$ $$95,000$

C$.$ $$50,000$

D$.$ $$83,000$