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Ajax Company had the following information for the year: Direct Materials used $ 190,000 Direct labor incurred (7,000 hours) $ 245,000 Actual manufacturing overhead incurred

Ajax Company had the following information for the year:

Direct Materials used

$ 190,000

Direct labor incurred (7,000 hours)

$ 245,000

Actual manufacturing overhead incurred

$ 273,000

Ajax Company used a predetermined overhead rate using estimated overhead of $320,000 and 8,000 estimated direct labor hours. Assume the only inventory balance is an ending Finished Goods Inventory balance of $9,000. What was the adjusted Cost of Goods Sold?

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