The following data (in thousands of dollars) have been taken from the accounting records of

Karlist Corporation for the just completed year.

Sales $800

Raw materials inventory, beginning $60

Raw materials inventory, ending $70

Purchases of raw materials $180

Direct labour $100

Manufacturing overhead $190

Administrative expenses $110

Selling expenses $150

Work-in-process inventory, beginning $70

Work-in-process inventory, ending $80

Finished goods inventory, beginning $120

Finished goods inventory, ending $160

A. Based on the information provided above develop a cost of goods manufactured

schedule.

B. What was the cost of goods sold (in thousands of dollars) for the year?