Bailey Corp. has the following information: Beginning Ending Inventory Inventory (Jan 1) (Dec 31) $ 22,600 $ 36,000 $ 19,800 $ 22,700 $ 33,600 $ 20,600 Raw Materials Inventory Work in Process Inventory Finished Goods Inventory Additional information for the year is as follows: Raw materials purchases $101,400 Direct labor $ 80,200 Manufacturing overhead applied $ 88,400 Indirect materials $ 0 $ Compute the cost of goods manufactured. Compute the cost of goods manufactured. Multiple Choice $277,200 $259,500 $253,700 $243,600