Budgeted inventories for the Remle Company follow: December 31 $26,700 55,200 87,400 January 1 $24,800 57,600 81,300 Direct materials Work in process Finished goods Additional budget information follows: 354,500 356,900 Total manufacturing costs Cost of goods manufactured Calculate the budgeted cost of goods sold. O a. $350,800 b. $359,300 O c. $350,400