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During 2 0 2 2 , Coronado purchased $ 9 4 9 2 0 0 of raw materials, incurred direct labour costs of $ 1

During 2022, Coronado purchased $949200 of raw materials, incurred direct labour costs of $124800, and incurred manufacturing
overhead totalling $160000. Coronado Manufacturing's cost of goods manufactured for 2022 amounted to $1238300. How much
would it report as cost of goods sold for the year? Coronado Manufacturing Inc.'s accounting records reflect the following inventories:
Dec. 31,2021
Dec. 31,2022
Raw materials inventory
$99300 $79400
Work in process inventory
129900145500
Finished goods inventory
124200115800
During 2022, Coronado purchased $949200 of raw materials, incurred direct labour costs of $124800, and incurred manufacturing overhead totalling $160000. Coronado Manufacturings cost of goods manufactured for 2022 amounted to $1238300. How much would it report as cost of goods sold for the year?
Select answer from the options below
$1249600
$1363100
$1229900
$1246700
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