Tom Jones Ltd accounting records show the following: 1 July 2019 30 June 2020 Raw Material inventory 100,000 145,000 Finished Goods inventory 88,000 92,000 Work in progress inventory 0 0 Raw materials purchased 55,000 Direct labour 65,000 Manufacturing overhead 43,000 What is Tom Jones Ltd Cost of Goods Manufactured for year ended 30 June 2020? Select one: a. $112,000 b. $89,000 c. $163,000 Od. $118,000