A manufacturing firm's costs were as follows: $ Wages (15% overheads, 50% direct) 250,000 Raw materials 172,000 Factory overhead 179,000 Depreciation of factory assets 17,200 Direct expenses 139,750 Administrative expenses 25,000 Selling and distribution 21,250 Work in progress (net) 12,500 If good are transferred at cost plus a 20% mark up, what is the transfer value of goods produced?