The information below for the year ended December 31, 20xx. Inventories Beginning Materials inventory $32,300 Work in process inventory 40,500 Direct materials purchased Total direct labor costs Total indirect labor costs Utilities Depreciation Small tools Factory insurance Factory supervision Miscellaneous overhead costs Ending $33,900 41,900 158,300 231,300 45,200 27,100 36,200 3,100 1,800 39,500 6,200 What is the cost of manufacturing? a $390,400 b. $545,700 C $547,100