Oriole Corporation incurred the following costs while manufacturing its product: Materials used in product $120,200 Adve

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Oriole Corporation incurred the following costs whilemanufacturing its product:
Materials used in product
$120,200
Advertising expense
$45,050
Depreciation on plant
62,800
Property taxes on plant
19,300
Property taxes on warehouse
8,020
Delivery expense
21,900
Labour costs of assembly-line workers
110,100
Sales commissions
35,400
Factory supplies used
25,400
Salaries paid to sales clerks
50,300
Work in process inventory was $10,700 at January 1 and$14,100 at December 31. Finished goods inventory was$60,600 at January 1 and $51,000 at December 31.
(a)
Calculate the cost of goods manufactured.
b) Calculate the cost of goods sold.