South State, Inc. used $152,000 of direct materials and incurred $62,000 of direct labor costs materials used totaled $54,000. Other operating costs pertainin of $136,000, and property taxes of $71.200. There was no beginning or ending $5,600 balance and ended the year with a $7,600 balance. during the year. Indirect labor amounted to $271,000, while indirect g to the factory included utilities of $135,500; maintenance of $71,240; repairs of $53,000, depreciation finished goods inventory, but Work-in -Process inventory began the year witha How much is the cost of goods manufactured? OA. $1,011,540 O B. $1,005,940 C. $1,003,940 D. $13,200