McGown Corp. has the following information: Raw Materials Inventory Work in Process Inventory Finished Goods Inventory Beginning Ending Inventory Inventory (1/1) (12/31) $ 22,200 $ 33,400 $ 20,400 $ 19, 100 $ 32,000 $ 25,700 Additional information for the year is as follows: Raw materials purchases Direct labor Manufacturing overhead applied Indirect materials $105,700 $ 79,800 $ 88,300 $ Compute the cost of goods manufactured. Multiple Choice Compute the cost of goods manufactured. Multiple Choice $256,300 O $288,300 $261,300 $263,900