ABC Company had the following information below related to current year operations:

Raw materials used	$	9,500
Direct labor wages		29,500
Sales salaries and commissions		24,500
Depreciation on production equipment		1,950
Rent on manufacturing facilities		14,500
Packaging and shipping supplies		2,950
Sales revenue		94,500
Units produced and sold		9,500
Selling price per unit	$	14.00

Based on this information, what is the company's cost of goods sold? (Do not round intermediate calculations.)

A. $82,900

B. $55,450

C. $58,400

D. $41,950