During the current year, Jules Company incurred the following product costs:

Direct materials used in production $264,000

Direct labor $129,750

Manufacturing overhead $194,500

Jules Company's beginning Work in Process Inventory was $23,000 and its ending Work in Process Inventory amounted to $31,500. What is the company's cost of finished goods manufactured for the year?

Multiple Choice

• $611,250.

• $579,750.

• $324,250.

• $596,750.