The Goods in Process Inventory Account for XYZ Inc If the Overhead Is Applied at the Rate of 80

The Goods in Process Inventory Account for XYZ Inc.follows:
$$\begin{array}{l}\text { Goods in Process Inventory }\\\begin{array} { l r | l } \hline \text { Beginning balance } & \$ 4,750 & \\\text { Direct materials } & 17,925 & ? \quad \text { CoG Manufactured } \\\text { Direct labor } & 24,750 & \\\text { Applied overhead } &?& \\ \text { Ending balance } & \$ 10,400 &\end{array}\end{array}$$


If the overhead is applied at the rate of 80% of direct labor cost,what is the amount of Cost of Goods Manufactured?

A) $19,800
B) $56,825
C) $61,775
D) $51,365
E) $37,025