Consider Derek's budget information: materials to be used totals $63,200; direct labor totals $198,800; factory overhead totals $394,800; work in process inventory January 1, $186,000; and work in progress inventory on December 31, $194,300. What is the budgeted cost of goods manufactured for the year? Ca. 5648.500 b. $194,300 c. $842,800 d. $656,800