For the month of January, Year $1,$ Ghent Corporation had a beginning balance of $$103,600$ in work in process. During the month, the company added the following costs to work in process: direct materials, $$90,900$; direct labor, $$57,400$; and manufacturing overhead, $$84,600.$ The ending amount of work in process was $$38,500.$

Required:

What was the cost of goods manufactured for the period? Prepare a schedule that shows the calculation of the cost of goods manufactured.

$\backslash$table$[[$Ghent Corporation,$],[$Schedule of Cost of Goods Manufactured,$],[,],[$Manufacturing costs added,$],[,],[,],[,],[$Total work in process,$],[,],[$Cost of goods manufactured,$]]$