The following data (in thousands of dollars) have been taken from the accounting records of Casey Corporation for the just completed year. (Note that this is the same data as that provided for the question above.)
Administrative expense $ 30
Direct labor 40
Finished goods inventory, beginning 24
Finished goods inventory, ending 32
Manufacturing overhead 46
Purchases of raw material 24
Raw materials inventory, beginning 8
Raw materials inventory, ending 14
Sale 198
Selling expense 28
Work in process inventory, beginning 14
Work in process inventory, ending 10
The cost of goods manufactured (finisheD) for the year (in thousands of dollars) was:
Raw materials inventory, beginning 8
Raw materials inventory, ending 14
Sale 198
Selling expense 28
Work in process inventory, beginning 14
Work in process inventory, ending 10
The cost of the raw materials used in production during the year (in thousands of dollars) was