Attempt Question 1 (5 points) The following data have been taken from the accounting records of Lamer Corporation for the year just completed: Sales $12,000,000 Purchases of raw materials S 5,150,000 Direct labour $1,679,000 Manufacturing overhead $3,340,000 Administrative expenses $1,790,000 Selling expenses $2,500,000 Raw materials inventory, beginning $370,000 Raw materials inventory, ending $524,000 Work-in-process inventory, beginning $456,000 Work-in-process inventory, ending $373,000 Finished goods inventory, beginning $598,000 Finished goods inventory, ending $637,000 Using the information above, what is the correct cost of goods manufactured. $10,015,000 $10,471,000 $4,996,000 $10,098,000