Answer:
c. $97,400
Explanation:
The formula to compute the cost of goods manufactured is shown below:
= Direct material used + Direct labor used + Manufacturing Overhead
where,
Manufacturing Overhead would be
= Factory overhead + Beginning work-in-process - Ending work-in-process
= $54,100 + $10,900 - $11,500
= $53,500
Now the value would be
= $19,200 + $24,700 + $53,500
= $97,400