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Calgary Company's costs and other information for the month of August are as follows: Direct material purchases $87,000 Beginning Inventory of Direct Materials $15,000 Ending

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Calgary Company's costs and other information for the month of August are as follows: Direct material purchases $87,000 Beginning Inventory of Direct Materials $15,000 Ending Inventory of Direct Materials $12,000 Direct labour $78,000 Delivery Driver Wages $5,000 Indirect labour $36,000 Indirect materials $12,000 General corporate administrative cost $33,000 Taxes on general office $4,000 Rent on factory $16,000 The beginning work-in-process inventory is $21,500 and the ending work-in-process inventory is $19,500. What is the cost of goods manufactured for the month? Multiple Choice

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