Calculate the cost of goods manufactured using the following information: 18 8 00:27:12 Direct materials used Direct labor used Factory overhead applied General and administrative expenses Selling expenses Work in Process inventory, January 1 Work in Process inventory, December 31 Finished goods inventory, January 1 Finished goods inventory, December 31 $298,500 132,000 264,000 85,500 48,800 118,500 125,900 232, 100 238,700 Multiple Choice $680.500 $701.900 5687100 IME