Given the following information, determine the cost of goods manufactured. $188,000 $282,000 $503,000 $390,000

Given thc following information, determine the cost of goods manufactured. Direct Labor Incurred $62,000 Manufacturing Overhead Incurred 177,000 Direct Materials Used 151,000 Finished Goods Inventory, Jan. 1 197,000 Finished Goods Inventory, Dec. 31 99,000 WorkinProcess 221,000 Inventory, Jan. 1 WorkinProcess 108,000 Inventory, Dec. 31 $188,000 C) $282,000 C) $503,000 $390,000 C)