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X company, a manufacturer, reported the following inventory balance for 2012: Direct Materials work in process Finished Goods January1 $15,666 $13,780 $17,432 December 31 $13,870

X company, a manufacturer, reported the following inventory balance for 2012:

Direct Materials work in process Finished Goods

January1 $15,666 $13,780 $17,432

December 31 $13,870 $13,780 $16,392

The following additional information was available:

.Direct materials costing $65,498 were purchased.

.Direct labor cost was $30,300.

.Overhead applied was $40,609.

. Selling and administrative costs were $34,684.

.Sales were $417,729

What was Cost of goods sold for the year?

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