Chapter 10, Problem 10.7BE

Please provide the answer to this general accounting question using the right approach.

Please provide the solution to this financial accounting question using proper accounting principles.

Deluxe Industries used direct materials totaling $78,350; direct labor incurred totaled $217,600; manufacturing overhead totaled $389,200; Work in Process Inventory on January 1, 2022, was $195,400; and Work in Process Inventory on December 31, 2022, was $204,300. What is the cost of goods manufactured for the year ended December 31, 2022? Help me with this