Question 2: The following cost information is presented for Phoenix Ltd. for the most recent period. Cost of direct material used in manufacturing $ 93,000 Direct labour costs 26,000 Manufacturing overhead 7,500 Sales commissions at 8% of sales 33,000 Opening finished goods inventory 10,000 Opening work-in-process inventory 7,000 Ending finished goods inventory 23,000 Ending work-in-process inventory 18,000 What was the cost of goods manufactured for Phoenix