Prepare a Cost of Goods Manufactured from the following data.

Materials inventory, Jan 1. .$80,000

Materials inventory, Dec. 31..60,000

WIP inventory, Jan 1.100,000

WIP inventory, Dec. 31.140,000

Finished Goods inventory, Jan. 1.120,000

Finished Goods inventory, Dec. 31110,000

Net delivered cost of materials purchased.180,000

Direct Labor.280,000

Indirect Material.15,000

Indirect Labor.75,000

Factory Supplies used.16,000

Factory Depreciation30,000

Factory Repairs and Maintenance.22,000

Selling Expenses..64,000

Non-factory Administrative Expenses.58,000