Using the information below, calculate the cost of goods manufactured for the period.

1.Beginning Raw Materials Inventory $25,000
2.Ending Raw Materials Inventory $30,000
3,Beginning Work in Process Inventory $55,000
4.Ending Work in Process Inventory $64,000
5.Beginning Finished Goods Inventory $80,000
6.Ending Finished Goods Inventory $67,000
7.Cost of Goods Sold for the period $540,000
8.Sales revenues for the period $1,254,000
9.Operating expenses for the period $232,000

a.$549,000.
b.$527,000.
c.$525,000.
d.$553,000.
e.$536,000."