27) A manufacturing company's Work-in-Process inventory on January 1 was $178,000; during the year it used $89,000 of direct material costs, incurred $120,000 of direct labor costs, $107,000 of actual overhead and applied $98,000 of overhead costs; the December 31 Work-in-Process inventory was $77,000. What was the cost of goods manufactured for that year (prior to any year-end adjusting entries, if any)?