Chapter 8, Problem 50P

I need help finding the accurate solution to this general accounting problem with valid methods.

A company had a Work in Process balance of $93,000 on January 1, 2022. The year-end balance of Work in Process was $85,000 and the Cost of Goods Manufactured was $725,000. Use this information to determine the total manufacturing costs incurred during the fiscal year 2022.

Please explain the correct approach for solving this general accounting question.