Goochland Corporation budgeted April sales at 3,500 units. The beginning finished goods inventory consisted of 2,000 units, however, Goochland desired to have 3,000 finished units on hand by the end of April. Direct materials inventory consisted of 800 beginning units and Goochland desired an ending balance of 1,400 units. Each finished unit required 2 units of direct material and 1 hour of direct labor. Direct materials cost $3.00 per unit, direct labor cost $11.00 per hour, and factory overhead is applied at $7.00 per direct labor hour. Roland has no work in process at the beginning or end of the month. How much is the anticipated cost of goods manufactured for April?

Select one:

a. $77,000

b. $172,500

c. $72,000

d. $108,000