Use the following information for a manufacturer to compute cost of goods manufactured and cost of goods sold:

Other information:
Purchases of direct materials ........................................ $ 73,000
Direct labor ............................................................... 88,000
Manufacturing overhead ................................................ 43,000

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Ending Beginning Balances: Direct Materials $ 28,000 $ 27,000 40,000 Work-in-Process Inventory Finished Goods Inventory 32,000 18,000 25,000