Ch. 3- Hallmark, Inc. is in the process of calculating its' cost of goods manufactured for it's Holiday Greeting Cards. The company determined that materials purchases amounted to $55,000 and total manufacturing costs, including labor and overhead, were $225,000. The following additional information was provided: Beginning Bal. Ending Bal. Raw Materials $12,000 $5,000 Work-in-Process Finished Goods $72,000 $58,000 $16,000 5,000 What was the company's Cost of Goods Manufactured