Gaeddert Corporation reported the following data for the month of July: Inventories: Raw materials Work in process..... Beginning Ending $36,000 $27,000 .. $13,000 $16,000 Finished goods $36,000 $42,000 Additional information: Sales $250,000 Raw materials purchases..... $76,000 Direct labor cost ...... $33,000 Manufacturing overhead cost...... $81,000 Selling expense.......... $24,000 Administrative expense..... $29,000 The cost of goods sold for July was: Select one: a. $244,000 O b. $138,000 c. $190,000 O d. $202,000