(LO 2) Calculate the cost of goods manufactured using the following information:

Direct materials	$	299,900
Direct labor		133,400
Factory overhead costs		265,400
General and administrative expenses		86,900
Selling expenses		50,200
Work in Process inventory, January 1		119,900
Work in Process inventory, December 31		127,300
Finished goods inventory, January 1		233,500
Finished goods inventory, December 31		240,100