Jenkins Company had the following information for the year: Direct materials used $ 297,700 Direct labor incurred (9,200 hours) $ 251,300 Actual manufacturing overhead incurred $ 400,000 Jenkins Company used a predetermined overhead rate using estimated overhead of $378,400 and 8,600 estimated direct labor hours. Assume the only inventory balance is an ending Finished Goods Inventory balance of $19,500. What was adjusted cost of goods sold?

Multiple Choice

$929,500

$953,800

$949,000

$934,300