Will has been working overtime and weekends for almost two years. He wants to save up enough money so he can open his own electrical repair shop. Today, something happened
that could be a big break for him. His employer offered to finance 60% of Will's venture for
51% ownership. Will is reluctant. It would mean that he could get his venture underway almost
immediately. But it would also mean that he would be giving up control of the business.

The following accounts are from last year’s books at s manufacturing: raw materials bal 0 (b) 157,400 (a) 172,500 15,100 work in process bal 0 (f) 523,600 (b) 133,700 (c) 171,400 (e) 218,500 0 finished goods bal 0 (g) 477,000 (f) 523,600 46,600 manufacturing overhead (b) 23,700 (e) 218,500 (c) 27,700 (d) 159,400 7,700 cost of goods sold (g) 477,000 s manufacturing uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. what is the amount of cost of goods manufactured for the year