Calculate the cost of goods sold using the following Information: Direct materials used $ 298,900 Direct labor 132, 400 Total factory overhead 264, 400 General and administrative expenses 85,900 Selling expenses 49, 200 Work in Process inventory, beginning 118,900 Work in Process inventory, ending 126, 300 Finished goods inventory, beginning 232, 500 Finished goods inventory, ending 239, 100 Multiple Choice O $688,300. O $774.200. O $695,700. O $703,100. O $681,700