Figure 2-8. Last year Quest Company incurred the following costs:

Direct materials:	$40,000
Direct labor:	60,000
Overhead	90,000
Selling expenses	24,000
Administrative expenses	22,000

Quest produced and sold 2,000 units at a sales price of $125 each. Assume that beginning and ending inventories of materials, work in process, and finished goods were zero. Refer to Figure 2-8. Total product costs were?

Select one: