Alcatraz Corp has the following information: Beginning Inventory (1/1) Ending Inventory (12/31) Raw Materials Inventory $ 20,000 $30,000 Work in Process Inventory $15,000 $18,000 Finished Goods Inventory $30,000 $20,000 Additional information for the year is as follows: Raw Materials purchases $100,000 Direct labour $75,000 Manufacturing overhead applied $80,000 Indirect materials $0 Compute the cost of goods manufactured. Select one: A. $248,000 B. $242,000 C. $265,000 D. $235,000