Canada Ltd reports the following information for the 2020 financial year. Determine the cost of finished goods manufactured. $7 000 10 000 Work in process 1 January 2020 Work in process 31 December 2020 Finished goods inventory 1 January 2020 Finished goods inventory 31 December 2020 Direct materials used 5 000 6 000 3 000 2000 2 000 Direct manufacturing labour cost Factory overhead expenses Selling expenses General administrative expenses 3 000 4 000 Select one: a. $5000 b. $4000 c. $3000 d. None of the options e. $6000