Reference no: EM131942364

Question - Information for John Manufacturing follows:

Beginning raw materials inventory $46,800

Beginning goods in process inventory $21,200

Direct labor 81,000

Beginning finished goods inventory 64,000

Total factory overhead 106,000

Raw material purchased 21,500

Ending raw materials inventory 40,000

Ending goods in process inventory 20,000

Ending finished goods inventory 46,000

Calculate (a) the Cost of Goods Manufactured and (b) the Cost of Goods Sold.