During the yeаr, а mаnufacturing cоmpany had the fоllоwing operating results: Beginning work-in-process inventory $ 46,000 Beginning finished goods inventory $ 192,000 Direct materials used in production $ 312,000 Direct labor $ 485,000 Manufacturing overhead incurred $ 254,000 Ending work-in-process inventory $ 69,000 Ending finished goods inventory $ 90,000 What is the cost of goods manufactured for the year?