In July, Noel & Vang Company purchased materials costing $23,100 and incurred direct labor cost of $19,800. Manufacturing overhead totaled $35,200 for the month. Information on inventories was as follows: July 1 July 31 Materials $6,820 $7,810 Work in Process 770 1,320 Finished Goods 3,630 2.970 What was the cost of goods sold for July? $71,300 $71,100 $77.220 $69,600