Use the Following Data to Determine the Cost of Goods

Use the following data to determine the cost of goods manufactured.
$$\begin{array} { l r } \text { Beginning finished goods inventory } & \$ 6,200 \\\text { Direct labor } & 15,100 \\\text { Beginning goods in process inventory } & 1,500 \\\text { General and administrative expenses } & 20,000 \\\text { Direct materials used } & 20,500 \\\text { Ending goods in process inventory } & 4,000 \\\text { Indirect labor } & 7,300 \\\text { Ending finished goods inventory } & 5,000 \\\text { Indirect materials } & 3,400 \\\text { Depreciation - factory equipment } & 2,000\end{array}$$

A) $65,800
B) $45,800
C) $49,500
D) $52,300
E) $47,100