2. Harper Valley Inc.'s financial statements were ruined when a water pipe burst in the controller's office. The office assistant was only able to gather the following data Beginning finished goods inventory Ending finished goods inventory Beginning work-in-process inventory Ending work-in-process inventory Beginning direct materials Ending direct materials Total manufacturing costs Cost of goods sold Manufacturing overhead Direct materials purchases $88,200 70,800 43,200 31,800 11,250 16,800 366,100 394,900 206,600 108,750 Which of the following is correct? a) Direct labour is $56,300 b) Direct materials transferred to work-in-process is $120,000 c) Cost of goods manufactured is $326,750 d) Cost of goods manufactured is $406,300