Cooke Company incurs $4 per unit of variable manufacturing overhead expense and $50,000 per month in fixed manufacturing overhead expense. Of the fixed expense, $12,000 relates to depreciation each month. Cooke produced and sold 60,000 units in January and 48,000 units in February. 60% of a months expense is paid for in the month incurred, and the other 40% is paid in the following month. What amount would Cooke include for manufacturing overhead expenses on its February income statement? (Answer: 242,000)