Use the information below to answer the two questions that follow.The company provided the following information for the last year ended December $31($all raw materials are used in production as directmaterials$)$:Purchases of raw materialsDirect laborManufacturing overhead applied to work in processActual MOHThe total manufacturing costs added to production$$224,000$$$28,000?$$$365,000$$$682,000$Inventory Balances at the beginning and end of the month were as follows:Raw Materials $($all direct$)$Work in Process Finished Goods

$)$Beg$.$ Balance$$48,000$$$42,000$$$28,000$End. Balance$$32,000$$$18,500$$$65,000$Q$.$ What was the cost of goods manufactured? $($Type in your answer$)$ANS$.$ $Q$.$ The company's underapplied or overapplied overhead is closed to Cost of Goods Sold. What was the adjusted Cost of Goods Sold for the last year?ANS. $ $($Click to select