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45 Skylar Company reported the following year-end information: Beginning work in process inventory $1,500,000 Beginning raw materials inventory 700,000 Ending work in process inventory 800,000

45 Skylar Company reported the following year-end information: Beginning work in process inventory $1,500,000 Beginning raw materials inventory 700,000 Ending work in process inventory 800,000 Ending raw materials inventory 300,000 Raw materials purchased 200,000 Direct labor 500,000 Manufacturing overhead 900,000 Skylar's Company's cost of goods manufactured for the year is $4,900,000. $2,700,000. $3,300,000. $2,600,000. 3 pts

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