FIFO Method, Unit Cost, Valuation of Goods Transferred Out and Ending Work in Process

Dama Company produces women's blouses and uses the FIFO method to account for its manufacturing costs. The product Dama makes passes through two processes: Cutting and Sewing. During April, Dama's controller prepared the following equivalent units schedule for the Cutting Department:

Direct MaterialsConversion CostsUnits started and completed40,00040,000Units, beginning work in process: 16,000 0% 16,000 50%8,000Units, ending work in process: 20,000 100%20,000 20,000 25%5,000Equivalent units of output60,00053,000

Costs in beginning work in process were direct materials, $25,000; conversion costs, $80,000. Manufacturing costs incurred during April were direct materials, $240,000; conversion costs, $339,200.

I need help figuring out the Cost of Goods Transferred Out.

I come up with the amount of $416000 but it is incorrect.