Clark Co. uses normal absorption job-order costing. Factory overhead is applied to production at a budgeted rate of 300% of prime costs (direct materials plus direct labor). Clark Co.’s policy is to not prorate any over- or under applied overhead amounts. All inventory amounts listed next are after disposition of any over- or under- applied overhead:

Direct labor = $100,000

Beginning balance of stores (direct materials) = $20,000

Ending balance of stores = $20,000

Purchased $50,000 of direct materials during period

Beginning balance of work in process = $300,000

Ending balance of work in process = $300,000

Cost of goods sold = $350,000

Finished goods beg. inventory = $100,000

Finished goods ending inventory = $200,000

Determine the following:

1. Direct materials used

2. Factory overhead applied

3. Cost of goods manufactured

4. Actual factory overhead for the period