Using the Information Below, Calculate the Cost of Goods Manufactured

Multiple Choice

Using the information below, calculate the cost of goods manufactured for the period: $\begin{array}{lc}\text { Beginning Raw Materials Inventory } & \$ 25,000 \\\text { Ending Raw Materials Inventory } & 30,000 \\\text { Beginning Work in Process Inventory } & 55,000 \\\text { Ending Work in Process Inventory } & 64,000 \\\text { Beginning Finished Goods Inventory } & 80,000 \\\text { Ending Finished Goods Inventory } & 67,000 \\\text { Cost of Goods Sold for the period } & 540,000 \\\text { Sales revenues for the period } & 1,254,000\\\\\text { Operating expenses for the period}&232,000\end{array}$

A) $536,000.
B) $525,000.
C) $553,000.
D) $549,000.
E) $527,000.