The following information is available for Lowry Company.

January 1, 2011

Raw materials inventory $21,000

Work in process inventory 13,500

Finished goods inventory 27,000

Dec 31 2011

Raw materials inventory 30,000

Work in process inventory 17,200

Finished goods inventory 21,000

2011

Materials purchased $150,000

Direct labor 200,000

Manufacturing overhead 180,000

Sales 900,000

(a) Compute cost of goods manufactured.