Given the Following Information, Determine the Cost of Goods Manufactured

Multiple Choice

Given the following information, determine the cost of goods manufactured and the cost of goods sold for 2009.
$$\begin{array} { | l | r | } \hline \text { Direct labor incurred } & \$ 126,000 \\\hline \text { Manufacturing overhead incurred } & 359,000 \\\hline \text { Direct materials used } & 1,000 \\\hline \text { Finished goods inventory, } 1 / 1 / 2009 & 395,000 \\\hline \text { Finished goods inventory, } 12 / 31 / 2009 & 442,000 \\\hline \text { Work in process inventory, } 1 / 1 / 2009 & 193,000 \\\hline \text { Work in process inventory, } 12 / 31 / 2009 & 218,000 \\\hline\end{array}$$

A) $781,000 and $837,000
B) $461,000 and $414,000
C) $731,000 and $684,000
D) $765,000 and $709,000