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In LAM Company's job - order costing system, manufacturing overhead is applied to Work in Process inventory using a predetermined overhead rate. During August 2

In LAM Company's job-order costing system, manufacturing overhead is applied to Work in Process inventory using a predetermined overhead rate. During August 2023 LAM's transactions included the following:LAM Company had no beginning or ending inventories. What was the cost of goods manufactured for August 2023?Direct materials used in production$ 90,000Indirect materials issued to production8,000Manufacturing overhead costs incurred125,000Manufacturing overhead applied113,000Direct Labor cost incurred107,000Choose...$ 302,000$ 322,000$ 330,000$ 310,000

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