Consider Derek's budget information: materials to be used totals $65,900; direct labor totals $198,800; factory overhead totals $392,000; work in process inventory January 1, $188,300; and work in progress inventory on December 31, $193,700. What is the budgeted cost of goods manufactured for the year? O$193,700 $656,700 O$651,300 $845,000o