The following beginning and ending inventory balances apply to holder company: beginning ending raw materials inventory $ 24,000 $ 22,000 work in process inventory 32,000 33,000 finished goods inventory 20,000 17,000 during the accounting period, the company purchased $234,000 of direct raw materials. it incurred $180,000 of direct labor costs for the year and allocated $260,000 of manufacturing overhead costs to work in process. there was no overapplied or underapplied overhead. revenue from goods sold during the year was $800,000.the amount of cost of goods manufactured (amount transferred from wip to finished goods) was