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Alex Company had the following inventories at the beginning and end of the month of January. January 1 January 31 Finished goods $125,000 $117,000 Work-in-process

Alex Company had the following inventories at the beginning and end of the month of January.

January 1 January 31
Finished goods $125,000 $117,000
Work-in-process 235,000 251,000
Direct materials 134,000

124,000

The following additional manufacturing data was available for the month of January.

Direct materials purchased $189,000
Purchase returns and allowances 1,000
Transportation in 3,000
Direct labor 300,000

Alex Company applies facotry overhead at a rate of 60 percent of direct labor cost and any overapplied or underapplied factory overhead is deferred until the end of the year, December 31.

Alex Company's cost of goods manufactured for January was:

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