McGown Corporation has the following information: Beginning Inventory (1/1) Ending Inventory (12/31) Raw Materials Inventory $ 22,600 $ 36,000 Work in Process Inventory 19,800 22,700 Finished Goods Inventory 33,600 20,600 Additional information for the year is as follows: Raw materials purchases $ 101,400 Direct labor 80,200 Manufacturing overhead applied 88,400 Indirect materials 0 Compute the cost of goods manufactured. Multiple Choice $253,700 $243,600 $277,200 $259,500