The following information pertains to the Packer Corporation. Calculate the cost of goods sold for the period: Beginning Raw Materials $30,000 Ending Raw Materials $70,000 Beginning Work in Process Inventory $40,000 Ending Work in Process Inventory $46,000 Beginning Finished Goods Inventory $72,000 Ending Finished Goods Inventory $68,000 Cost of Goods Manufactured for the period $246,000