Richards Company manufactures a single product. All raw materials used are traceable to specific units of product. Current information for the company follows:

Beginning raw materials inventory	$	20,000
Ending raw materials inventory		22,000
Raw material purchases		100,000
Beginning work in process inventory		50,000
Ending work in process inventory		35,000
Direct labor		140,000
Total factory overhead		70,000
Beginning finished goods inventory		65,000
Ending finished goods inventory		55,000

The company's cost of direct materials used, cost of goods manufactured and cost of goods sold is: