The following information was provided by the Wilson Company for the year just ended: Inventory of finished products at the beginning ................. 150 750 $ Inventory of finished products at the end ................. .... $ 140,475 Sales .......................................... ....................... 475,000 Gross margin................................................ ........ 150,000 What was the cost of the products manufactured for the year? $ 335,275 $ 325,000 $ 464,725 $ 314,725 The starting commodity stock for May was $ 27,500 and the ending stock was $ 28,750. $ 128,900 of raw materials were used during the month. What was the cost of the raw materials purchased during the month? $ 131,300 $ 157,650 $ 127,650 $ 130 150