Bradford, Inc., expects to sell 8,000 ceramic vases for $21 each. Direct materials costs are $4, direct manufacturing labor is $10, and manufacturing overhead is $4 per vase. The following inventory levels apply to 2019:

Beginning inventory Ending inventory

Direct materials 3,000 units 3,000 units

Work-in-process inventory 0 units 0 units

Finished goods inventory 400 units 800 units

On the 2019 budgeted income statement, what amount will be reported for cost of goods sold?

a.

$198,000

b.

$144,000

c.

$151,200

d.

$136,800