The following inventory and cost data for the just completed year are taken from the accounting records of Sanka Company:
Inventories
Increase in raw materials	4,000
Increase in work in process 30,000	30,000
Decrease in finished goods 90,000	90,000
Costs incurred
Advertising expense	200,000
Direct labour cost	180,000
Purchases of raw materials	264,000
Rent, factory building	60,000
Indirect factory labour	112,600
Sales commissions	70,000
Utilities, factory	18,000
Maintenance, factory equipment	48,000
Supplies, factory	1,400
Depreciation, office equipment	16,000
Depreciation, factory equipment	80,000
Required:
(a.) Calculate the cost of goods manufactured.
(b.) Calculate the cost of goods sold