The Following Inventory and Cost Data for the Just Completed

The following inventory and cost data for the just completed year are taken from the accounting records of Sankar Company:
$\begin{array}{|l|l|}\hline \text { Inventories } & \\\hline \text { Increase in raw materials } & \$ 4,000 \\\hline \text { Increase in work in process } & 30,000 \\\hline \text { Decrease in finished goods } & 90,000 \\\hline \text { Costs incurred } & \\\hline \text { Advertising expense } & \$ 200,000 \\\hline \text { Direct labour cost } & 180,000 \\\hline \text { Purchases of raw materials } & 264,000 \\\hline \text { Rent, factory building } & 60,000 \\\hline \text { Indirect factory labour } & 112,600 \\\hline \text { Sales commissions } & 70,000 \\\hline \text { Utilities, factory } & 18,000 \\\hline \text { Maintenance, factory equipment } & 48,000 \\\hline \text { Supplies, factory } & 1,400 \\\hline \text { Depreciation, office equipment } & 16,000 \\\hline \text { Depreciation, factory equipment } & 80,000\\\hline\end{array}$
Required:
(a.)Calculate the cost of goods manufactured.
(b.)Calculate the cost of goods sold