Wayne Company uses a job costing system and applies overhead to jobs using a predetermined overhead rate based on direct labor-hours. The company had the following inventories at the beginning and end of March: March 1 March 31 Raw Materials $36,000 $30,000 Work in Process 18,000 12,000 Finished Goods 54,000 72,000 The following additional data pertain to operations during March: Raw materials purchased $ 84,000 Direct labor cost $60,000 Direct labor rate $7.50 per direct labor-hour Overhead rate $10.00 per direct labor-hour The Cost of Goods Manufactured for March was: Select one: O a. $212,000. O b. $218,000. c. $230,000. O d. $236,000