711 0 7340 The following data on thousands of dar) have been bukan n the accounting recede of Kaing Corporation or the yet unded Bales Raw materials inventory, beginning Raw materials anventory, ending Purchases of raw materials Direct labour Manufacturing overhead Administrative expenses Selling expenses 5000 540 570 $120 $200 $230 $150 $140 $70 $50 $120 $160 What was the cost of goods manufactured (finished) for the year (in thousands of dollars)? Work-in-process inventory, beginning Work-in-process inventory, ending Finished goods inventory, beginning Finished goods inventory, ending Select one: a. $540 Ob. $500 c. $590 d. $570 Activat