Prime costs for Toleto Manufacturing Company for the year total $48,500 and conversion costs are $50,000. Direct material cost for the year is $25,000 Opening work in process was $30,000 and ending work in process is 125% of opening work in process. Ending finished goods inventory is 80% of opening finished goods inventory, and cost of goods sold is $80,000 for the year. Cost of goods manufactured during the year in Select one: a. $67,500 b. $66,000 c. $82,500 d. $106,000