A corporation applies overhead based upon machine hours. Budgeted factory overhead was $$268,500$ and budgeted machine hours were $18,700.$ Actual factory overhead was $$287,920$ and actual machine hours were $19,060.$ Before disposition of over$-$ or under$-$applied overhead, the Cost of Goods Sold was $$560,000$ and ending inventories were as follows:

$\backslash$table$[[$Direct materials,$$60,000$