Selected data concerning the past year€™s operations of the Ozarks Manufacturing Company are as follows:

Required:
1. What was the cost of raw materials purchased during the year?
2. What was the direct-labor cost charged to production during the year?
3. What was the cost of goods manufactured during the year?
4. What was the cost of goods sold during the year?

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Inventories Beginning 71,000 Raw malerial Work in process Flnished goods Other data Ending S 81,000 30,000 110,000 80,000 90,000 Direct material used Total manufacturing costs charged to production during the year $326,000 includes direct material, direct labor, and manufacturing overhead applied at a rate of 60% of direct-labor cost) Cost of goods available for sale Selling and administrative expenses 686,000 826,000 31,500