Using the information below, calculate the cost of goods manufactured for the period: beginning raw materials inventory $ 25,000 ending raw materials inventory 30,000 beginning work in process inventory 55,000 ending work in process inventory 64,000 beginning finished goods inventory 80,000 ending finished goods inventory 67,000 cost of goods sold for the period 540,000 sales revenues for the period 1,254,000 operating expenses for the period 232,000