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Here are data regarding Conway Corporation's inventory balances for the month of July: During the month of July, Conway purchased $68,200 of raw materials and

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Here are data regarding Conway Corporation's inventory balances for the month of July: During the month of July, Conway purchased $68,200 of raw materials and used $92,500 of direct labor. The raw materials used in July include $8,600 of indirect materials. Actual manufacturing overhead is $60,500 and manufacturing overhead applied is $59,500. The difference between actual and applied overhead is immaterial. What is the cost of goods manufactured in July? $207,600

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