Gaboon Manufacturing had balances in the accounts below at the end of the first month of operations: Beginning Ending Work-in-process Inventory $500,000 $525,000 Direct materials used $235,000 Direct labor cost 192,000 If manufacturing overhead is applied at a rate of 150 percent of direct labor cost, what is the cost of goods manufactured? O $402,000 $690,000 O $715,000 $512,500 Financial information for Hambone Foods for the period is shown below: Beginning Ending Work-in-Process Inventory $40,000 $65,000 Finished Goods Inventory $100,000 $115,000 Direct Materials Used $110,000 Direct Labor $90,000 Manufacturing Overhead Applied $105,000 Administrative Salaries $35,000 Cost of Goods Manufactured $280,000 The total current manufacturing costs for period is O $290,000 O $340,000 O $255,000 O $305,000