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The following data (in thousands of dollars) have been taken from the accounting records of Karling Corporation for the just completed year. $990 $40 $70

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The following data (in thousands of dollars) have been taken from the accounting records of Karling Corporation for the just completed year. $990 $40 $70 $120 $200 $230 Sales Raw materials inventory, beginning Raw materials inventory, ending Purchases of raw materials Direct labour Manufacturing overhead Administrative expenses Selling expenses Work in process inventory, beginning Work in process inventory, ending Finished goods inventory, beginning Finished goods inventory, ending $150 $140 $70 $50 $120 $160 The cost of goods manufactured for the year (in thousands of dollars) was

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