Beginning work in process inventory $4,100 Direct materials used 16,000 Direct labor 18,800 Manufacturing overhead Total manufacturing costs 62,800 Total cost of work in process Ending work in process 4,800 Cost of goods manufactured Beginning finished goods Cost of goods available for sale 78,700 Ending finished goods Cost of goods sold 74,600 How much is the company's cost of goods manufactured for the year? $62,800 $96,900 $97,600 $62,100