You are given the balances below from the records of XZY Ltd company for the month ended December 31, 2017.

Account Balances

Finished Goods Inventory, December 31 $84,000

Factory Supervisory Salaries 12,000

Raw Materials Inventory, December 1 24,000

Work In Process Inventory, December 31 15,000

Sales Salaries Expense 14,000

Factory Depreciation Expense 18,000

Finshed Goods Inventory, December 1 50,000

Raw Material Purchases 100,000

Work In process Inventory, December 1 30,000

Factory Utilities Expense 10,000

Direct Labor 80,000

Raw Material Inventory, December 31 25,000

Main office accountant salary expense 5,000

Indirect Labor 25,000

Required: Compute the following (in $):

1) Raw Material used in Production

2) Total Manufacturing costs

3) Cost of goods manufactured

4) Cost of goods sold