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A manufacturing firm's costs were as follows: o Factory overhead - $122,000 o Depreciation of production plant - $6,400 o Admin expense - $8,800 o

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A manufacturing firm's costs were as follows: o Factory overhead - $122,000 o Depreciation of production plant - $6,400 o Admin expense - $8,800 o Direct labour - $86,400 o Selling and distribution - $12,000 o Closing work in progress - $12,400 o Raw materials - $55,000 O - There was no opening work in progress, and mark up is 20%. What is the transfer value of goods produced

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