2. Please determine what is the cost of goods manufactured. Paramax Corporation has the following information regarding costs. Information Aa Concept Amount Direct labour costs 30,000 Manufacturing overhead 13,000 Sales commissions at 8% of sales 44,000 Opening finished goods inventory 10,000 Opening work-in-process inventory 6,000 Ending finished goods inventory 24,000 Ending work-in-process inventory 24,000 Cost of Direct Material used in manufacturing 124,000