Fern Company reported the following year-end information: Beginning work in process inventory $1,200,000 Beginning raw materials inventory 500,000 Ending work in process inventory 800,000 Ending raw materials inventory 400,000 Raw materials purchased 800,000 Direct labor 700,000 Manufacturing overhead 600,000 Fern Company's cost of goods manufactured for the year is $4,200,000. $2,900,000. $2,600,000. $1,800,000