Acme Company had the following information for the year:

Direct materials used	$118,000
Direct labor incurred (6,100 hours)	$156,100
Actual manufacturing overhead incurred	$242,000

Acme Company used a predetermined overhead rate of $41 per direct labor hour for the year. Assume the only inventory balance is an ending Work in Process Inventory balance of $17,700. What was adjusted cost of goods sold?

	$498,400
	$516,100
	$525,800
	$506,500