Lumberjack Company reports the following data for its first year of operation: Cost of goods manufactured Work in process inventory, beginning Work in process inventory, ending Direct materials used Direct Labor Manufacturing overhead Finished goods inventory, beginning Finished goods inventory, ending $304,600 ol 72,500 90,750 123,400 162,950 o 110,800 What is the cost of goods sold? $304,600 $377,100 $193,800 $110.800