3 Sigma Inc displays the following information for the month of December, N (amounts in $): Inventories t of Raw materials Work in process Finished goods Additional data Sales Purchases of Raw material Direct labor cost Manufacturing overhead costs Selling expenses Total $300,000 $88,000 $21,000 $55,000 $30,000 $20,000 Beginning $20,000 Ending $30,000 $21,000 $24,000 $51,000 $54,000 Administrative expenses Instructions: Compute the cost of goods manufactured assuming that cost of raw material used $ 90,000. (3 marks: 1.5 formula, 1.5 computation) Paragraph BIEE cost of goods manufactured: