Question 1 Use the following data to estimate Cost of goods manufactured: Not yet answered Sales 680,000 Marked out of 1.00 40,000 Flag question Raw materials inventory, 1/1 Raw materials inventory, 12/31 Raw materials purchases Direct labour 11,000 190,000 105,000 99,000 110,000 Manufacturing overhead Selling and administrative costs Cost of goods manufactured Cost of goods sold Work in process, 1/1 Work in process, 12/31 Finished goods, 1/1 Finished goods, 12/31 52,000 65,000 80,000 120,000 Select one: O a $410,000 O b. none of the options O c. $423,000 O d. $490,000 O e. $370,000