Wanda's Wand Company reports the following data for its first year of operation.

Cost of goods manufactured

$455,700

Work in process inventory, beginning

0

Work in process inventory, ending

140,700

Direct materials used

110,900

Direct Labor

139,000

Manufacturing overhead

185,400

Finished goods inventory, beginning

0

Finished goods inventory, ending

90,100

What is the cost of goods sold?

A.

$455,700

B.

$521,200

C.

$365,600

D.

$752,000