The following information was taken from the accounting records of Elliott Manufacturing Corp. Unfortunately, some of the data were destroyed by a computer malfunction. Sales Revenue $59,500 Finished Goods Inventory, Beginning 9,500 Finished Goods Inventory, Ending 6,400 Cost of Goods Sold ? Gross Margin 26,300 Direct Materials Used 10,300 Selling and Administrative Expense ? Operating Income 14,400 Work-in-Process Inventory, Beginning ? Work-in-Process Inventory, Ending 5,300 Direct Labor Used Factory Overhead 9,150 12,200 Total Manufacturing Cost ? Cost of Goods Manufactured ? Cost of goods manufactured is calculated to be: