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During the year, a manufacturing company had the following operating results: Beginning work-in-process inventory $ 45,000 Beginning finished goods inventory $ 190,000 Direct materials used

During the year, a manufacturing company had the following operating results:

Beginning work-in-process inventory $ 45,000
Beginning finished goods inventory $ 190,000
Direct materials used in production $ 308,000
Direct labor $ 475,000
Manufacturing overhead incurred $ 250,000
Ending work-in-process inventory $ 67,000
Ending finished goods inventory $ 89,000

What is the cost of goods manufactured for the year?

A. $1,112,000

B. $1,134,000

C. $1,033,000

D. $1,011,000

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