Question 1 of 5 Current Attempt in Progress The manufacturing operations of Ivanhoe, Inc. had the following inventory balances for the month of January: January 1 January 31 Raw Materials $ 12,960 $ 14,040 Work in Process 22,680 24,840 Finished Goods 15,120 12.960 Ivanhoe transferred $ 291,600 of completed goods out of Work in Process Inventory during January Compute the cost of goods sold for January, Cost of goods sold $ e Textbook and Media