During its first year of operations, Brown Company incurred the following product costs:

Direct materials used in production $168,000

Direct labor $89,400

Manufacturing overhead $96,900

The Brown Company's ending Work in Process Inventory amounted to $32,000 at the end of the year. What is the company's cost of finished goods manufactured for the year?

Multiple Choice

• $257,400.

• $168,000.

• $354,300.

• $322,300.