Jenkins Company used a predetemined overhead rate using estimated overhead of 320,000 and 8,000 estimated direct labor hours. assuming the only inventory balance is an ending finished goods balance of $19,000. what was the adjusted cost of goods sold?

Jenkins Company had the following information for the year. Direct materials used $ 295,000 Direct labor incurred (9,000 hours) $ 245,000 Actual manufacturing overhead incurred $ 343,000 Jenkins Company used a predetermined overhead rate using estimated overhead of $320,000 and 8 O $864,000 O $881,000 O $883,000 O $900,000