Current information for Austin company follows:
Beging raw materials inventory..........$15,200
Beging goods in process inventory........22,400
Ending raw materials inventory...........16,600
Ending goods in process inventory........28,000
Direct labor.............................42,800
Total factory overhead...................30,000
Raw material purchases...................60,000
All raw materials used were traceable to specific batches of product. Austin Company's cost of goods manufactured for the year is ?
A)$125,800
B)$128,600
C)$131,400
D)$137,000
E)$139,00