The following information pertains to the Packer Corporation. Calculate the cost of goods sold for the period: Beginning Raw Materials Ending Raw Materials Beginning Work in Process Inventory Ending Work in Process Inventory Beginning Finished Goods Inventory Ending Finished Goods Inventory Cost of Goods Manufactured for the period $ 30,700 70,700 40,700 46,700 72,700 68,700 246, 700 Multiple Choice $246,700 $290,700