The following account balances at the beginning of January were selected from the general ledger of Fresh Bagel Manufacturing Company Work in process inventory $0 Raw materials inventory $28,500 Finished goods inventory $40,300 More Info (Click the icon to view additional data.) What is the cost of goods manufactured for January? Additional data O A. $207,883 1. Actual manufacturing overhead for January amounted to $62.900. 2. Total direct labor cost for January was $63,600. OB. $241,640 3. The predetermined manufacturing overhead rate is based on direct labor cost. The budget for the year called for $248,000 of direct labor cost and $322,400 of OC. $236,223 manufacturing overhead costs OD. $269,980 4. The only job unfinished on January 31 was Job No. 151, for which total direct labor charges were $5,800 (1400 direct labor hours) and total direct material charges were $15,000. 5. Cost of direct materials placed in production during January totaled $123,700. There were no indirect material requisitions during January 6. January 31 balance in raw materials inventory was $35,000 7. Finished goods inventory balance on January 31 was $35,200. Print Done