The following data (in thousands of dollars) have been taken from the accounting records of Woolworth Corporation for the just completed year. Sales ...................................................................... $880 Raw materials inventory, beginning ..................... $20 Raw materials inventory, ending ........................... $30 Purchases of raw materials .................................... $150 Direct labor ............................................................ $180 Page 1 of 4 Manufacturing overhead ....................................... $230 Administrative expenses ....................................... $100 Selling expenses .................................................... $130 Work in process inventory, beginning .................. $80 Work in process inventory, ending ....................... $30 Finished goods inventory, beginning .................... $120 Finished goods inventory, ending ......................... $100 Required: a. Using the information given above, calculate the total cost of goods manufactured (in thousands of dollars) for the year.