Q: PLEASE COMPUTINGCOST OF GOODS MANUFACTUREDANDCOST OF GOODS SOLD.The following are account balances relating to 2019 (in thousands):

Property tax on plant building $3,800

Marketing, distribution, and customer-service costs 44,400

Finished goods inventory, January 1, 2019 32,400

Plant utilities 20,400

Work-in-process inventory, December 31, 2019 31,200

Depreciation of plant building 10,800

General and administrative costs (nonplant) 51,600

Direct materials used 104,400

Finished goods inventory, December 31, 2019 40,800

Depreciation of plant equipment 13,200

Plant repairs and maintenance 19,200

Work-in-process inventory, January 1, 2019 24,000

Direct manufacturing labour 40,800

Indirect manufacturing labour 27,600

Indirect materials used 13,200

Miscellaneous plant overhead 5,800

Required

Compute cost of goods manufactured and cost of goods sold.