Ebony Company has the following information for July: Cost of direct materials used in production $67,200 Direct labor 88,000 Factory overhead 44,800 Work in process inventory, July 1 32,800 Work in...

Ebony Company has the following information for July:

Cost of direct materials used in production $67,200

Direct labor 88,000

Factory overhead 44,800

Work in process inventory, July 1 32,800

Work in process inventory, July 31 29,600

Finished goods inventory, July 1 37,600

Finished goods inventory, July 31 27,200

For July, determine (a) the cost of goods manufactured and (b) the cost of goods sold.