Use the following information to compute the cost of goods manufactured and the cost of goods sold for Dinar Company.

Materials used in product	120,000.00
Depreciation on plant	60,000.00
Property taxes on store	7,500.00
Labor costs of assembly-line workers	110,000.00
Factory supplies used	20,000.00
Advertising expense	45,000.00
Property taxes on plant	20,000.00
Delivery expense	20,000.00
Sales commission	30,000.00
Sales clerks salaries	50,000.00

Work-in-process inventory was 20,000 at January 1, and 15,000 at December 31.

Finished goods inventory was 60,000 at January1, and 50,000 at December 31.