Wildhorse Corporation incurred the following costs while manufacturing its product. Materials used in product $152,500 Depreciation on factory 73,200 Property taxes on store 9,150 Labor costs of assembly-line workers 134,200 Factory supplies used 28,060 Advertising expense 54,900 Property taxes on factory 23,180 Delivery expense 25,620 Sales commissions 42,700 Salaries paid to sales clerks 61,000 Work in process inventory was $32.940 at January 1 and $18,910 at December 31. Finished goods inventory was $79,300 at January 1 and $61.690 at December 31. (Assume all raw materials used were direct materials.) (a) Compute cost of goods manufactured. Cost of goods manufactured $