Use the cost information below for ruiz, incorporated to determine cost of goods manufactured for the year:
work in process, beginning $ 52,000
work in process, ending 38,000
total factory overhead 6,500
direct materials used 13,500
direct labor used 27,500
a. $61,500.
b. $55,000.
c. $14,000.
d. $47,500.
e. $99,500.