The following information relates to the Comfy Water Bed Manufacturing Company: At the beginning of the period, there was $50,000 in work-in-process inventory. During the year, Comfy incurred costs of $17,200 for direct materials, $15,700 for direct labor, and $32,100 for factory overhead (heat, light, and power). At the end of the period, there was work-in-process inventory of $40,000.

Required:

Compute the cost of goods manufactured for the Comfy Water Bed Manufacturing Company. mi6