Lawrence’s Die-Cuts is preparing its cost of goods manufactured schedule at year end. Lawrence’s accounting records show the following: The raw materials inventory account had a beginning balance of $18,000 and an ending balance of $14,000. During the year, Lawrence purchased $66,000 of direct materials. Direct labour for the year totaled $135,000 while manufacturing overhead amounted to $155,000. The work in process inventory account had a beginning balance of $27,000 and an ending balance of $21,000. Compute the cost of goods manufactured for the year.