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X Company, a manufacturer, reported the following inventory balances for 2014: Direct Materials Work in Process Finished Goods January 1 $16,670 $15,596 $15,246 December 31

X Company, a manufacturer, reported the following inventory balances for 2014:

Direct Materials Work in Process Finished Goods
January 1 $16,670 $15,596 $15,246
December 31 $16,670 $12,448 $14,480

The following additional information was available:

Direct materials costing $65,453 were purchased.

Direct labor cost was $30,095.

Overhead applied was $51,771.

Selling and administrative costs were $32,637.

Sales were $453,699.

What was Cost of Goods Sold for the year?

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