Koczela Inc. has provided the following data for the month of May:

Inventories:

	Beginning		Ending
Work in process	$	25,000	$	20,000
Finished goods	$	54,000	$	58,000

Additional information:

Direct materials	$	65,000
Direct labor cost	$	95,000
Manufacturing overhead cost incurred	$	71,000
Manufacturing overhead cost applied to Work in Process	$	69,000

Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold.

The cost of goods manufactured for May is:

Multiple Choice

$229,000

$234,000

$231,000

$236,000