Use the following data to calculate the cost of goods sold for the period: Beginning Raw Materials Inventory Ending Raw Materials Inventory Beginning Work in Process Inventory Ending Work in Process Inventory Beginning Finished Goods Inventory Ending Finished Goods Inventory $ 31,500 71,500 41,500 47,500 73,500 69,500 Cost of Goods Manufactured for the period 247,500 Multiple Choice $247,500. $251,500. $291,500. $243,500. $259,500