Lopez Corporation incurred the following costs while manufacturing its product. Materials used in product $130,850 Advertising expense $54,780Depreciation on plant 63,470 Property taxes on plant 24,560Property taxes on store 8,580 Delivery expense 23,180Labor costs of assembly-line workers 113,010 Sales commissions 42,540Factory supplies used 33,180 Salaries paid to sales clerks 60,890 Work in process inventory was $14,650 at January 1 and $17,040 at December 31. Finished goods inventory was $62,770 at January 1 and $49,020 at December 31. Compute cost of goods manufactured. Cost of goods manufactured $ ????
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