5. The following events took place at a manufacturing company for the current year (1) Purchased $112,000 in direct materials (2) Incurred labor costs as follows: (a) direct, $73.000 and (b) indirect, $30.600 (3) Other manufacturing overhead was $124,000, excluding indirect labor (4) Transferred 75% of the materials to the manufacturing assembly line (5) Completed 60% of the work-in-Process during the year (6) Sold 80% of the completed goods (7) There were no beginning inventories What is the company's Cost of Goods Sold? $186960 O $149.568 O $249280 O $311.600