Calculate the cost of goods manufactured using the following information: Direct materials used Direct labor used Factory overhead costs 16 17 298,500 132,000 264,000 General and administrative expenses 85,500 Selling expenses 48,800 Work in Process inventory, January 1 118,500 Work in Process inventory, December 31 125,900 Finished goods inventory, January 1 Finished goods inventory, December 31 232,100 238,700 $680,500. $701,900. $687,100. 3772.600