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Using the following information, compute the cost of goods manufactured. Work-in-process inventory, beginning balance: $120,000 Work-in-process inventory, ending balance: $150,000 Raw materials inventory, beginning balance:

Using the following information, compute the cost of goods manufactured.

Work-in-process inventory, beginning balance: $120,000

Work-in-process inventory, ending balance: $150,000

Raw materials inventory, beginning balance: $70,000

Raw materials inventory, ending balance: $90,000

Raw materials purchased: $540,000

Direct labor cost: $600,000

Depreciation on factory building (actual): $100,000

Indirect labor (actual): $150,000

Other manufacturing overhead costs (actual): $95,000

Applied manufacturing overhead costs: $350,000

Group of answer choices

1,435,000

1,440,000

1,460,000

1,455,000

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