Zoolander Inc. manufacturers high end fashion accessories and has provided the following data for the latest quarter ended March 31st: Beginning Inventory for Raw Materials $66,000 Ending Inventory for Raw Materials $49,600 Beginning Inventory for Work in Process $91,000 Ending Inventory for Work in Process $95,000 Beginning Inventory for Finished Goods $47,000 Ending Inventory for Finished Goods Purchases of Raw Materials Wages paid to assembly line workers Wages paid to factory supervisor $57,000 $49,000 $121,000 $31,000 Property insurance paid on factory $4,800 Utilities for the factory $9,200 Indirect materials used in production $3,200 Sales Revenue $525,000 General & Administrative Expenses $135,000 Calculate cost of goods manufactured for Zoolander Inc.'s first quarter. (Assume that indirect materials are not included in Raw Materials Inventory.) OA. $230,600 B. $227,400 C. $214,200 D. $222,600 Zoolander Inc. manufacturers high end fashion accessories and has provided the following data for the latest quarter ended March 31st: Beginning Inventory for Raw Materials $66,000 Ending Inventory for Raw Materials $49,600 Beginning Inventory for Work in Process $91,000 Ending Inventory for Work in Process $95,000 Beginning Inventory for Finished Goods $47,000 Ending Inventory for Finished Goods $57,000 Purchases of Raw Materials $49,000 Wages paid to assembly line workers $121,000 Wages paid to factory supervisor $31,000 Property insurance paid on factory $4,800 A. $230,600 B. $227,400 C. $214,200 D. $222,600