Consider the Following Information: Direct Materials Used Totaled $134,600; Direct

Multiple Choice

Consider the following information: direct materials used totaled $134,600; direct labor amounted to $396,800; overhead was computed to be $789,600; Work in Process Inventory on January 1, 2010, was $378,200; and Work in Process Inventory on December 31, 2010, was $385,200. What was the cost of goods manufactured?

A) $1,314,000
B) $1,321,000
C) $1,328,000
D) $2,084,400