Koczela Inc. has provided the following data for the month of May: Inventories: Beginning Ending Work in process $ 20,000 $ 15,000 Finished goods $ 49,000 $ 53,000 Additional information: Direct materials $ 60,000 Direct labor cost $ 90,000 Manufacturing overhead cost incurred $ 66,000 Manufacturing overhead cost applied to Work in Process $ 64,000 Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. The cost of goods manufactured for May is: Multiple Choice $214,000 $219,000 $216,000 $221,000