12.

Under Lamprey Company's job-order costing system, manufacturing overhead is applied to Work in Process inventory using a predetermined overhead rate. During January, Lamprey's transactions included the following:

Direct materials issued to production	$	93,500
Indirect Materials issued to production	$	8,700
Manufacturing overhead cost incurred	$	132,000
Manufacturing overhead cost applied	$	120,000
Direct labor cost incurred	$	110,500

Lamprey Company had no beginning or ending inventories. What was the cost of goods manufactured for January?

	$315,300
	$336,000
	$344,700
	$324,000