Q7) Cost of goods sold statement: The following data relate to the Brockway Corporation

Inventories:

Ending Beginning

Finished goods $95,000 $110,000

Work in process 80,000 70,000

Direct Materials. 95,000 90,000

Cost incurred during the period:

Costs of goods available for sale ... $684,000

Total manufacturing cost.. 584,000

Factory overhead 167,000

Direct materials used.. 193,000 Required:

Cost of goods sold statement

Please explain also every value you find out