Consider the following budget information: materials to be used totals $65,854 direct labor totals $201,900 factory overhead totals $393,617 work in process inventory January 1, 2012, was expected to be $186,618 and work in progress inventory on December 31, 2012, is expected to be $194,744. What is the budgeted cost of goods manufactured?

Select the correct answer.

A.$194,744

B.$661,371

C.$1,042,733

D.$653,245