Koczela Inc. has provided the following data for the month of May: Inventories: Beginning Ending Work in process $ 20,000 $ 15,000 Finished goods $ 49,000 $ 53,000 Additional information: Direct materials $ 60,000 Direct labor cost $ 90,000 Manufacturing overhead cost incurred $ 66,000 Manufacturing overhead cost applied to Work in Process $ 64,000 Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. The cost of goods manufactured for May is:

The blumer company entered into the following transactions during 2012: 1. the company was started with $22,000 of common stock issued to investors for cash. 2. on july 1, the company purchased land that cost $15,500 cash. 3. there were $700 of supplies purchased on account. 4. sales on account amounted to $9,500. 5. cash collections of receivables were $5,500. 6. on october 1, 2012, the company paid $3,600 in advance for a 12-month insurance policy that became effective on october 1. 7. supplies on hand as of december 31, 2010 amounted to $225. the amount of cash flow from investing activities would be: