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Ivanhoe Manufacturing reported the following year-end balances: Beginning work in process inventory, $55000; beginning finished goods inventory, $75000; ending work in process inventory, $35000; ending

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Ivanhoe Manufacturing reported the following year-end balances: Beginning work in process inventory, $55000; beginning finished goods inventory, $75000; ending work in process inventory, $35000; ending finished goods inventory, $45000; direct materials used, $255000; direct labor, $265000; manufacturing overhead, $165000; selling expenses, $65000; and administrative expenses, $365000. How much would Ivanhoe Manufacturing report as cost of goods manufactured at year-end? $665000 $705000 $770000. $715000

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