Koczela Inc. has provided the following data for the month of May: Inventories: Beginning Ending Work in process $ 27,000 $ 22,000 Finished goods $ 56,000 $ 60,000 Additional information: Direct materials $ 67,000 Direct labor cost $ 97,000 Manufacturing overhead cost incurred $ 73,000 Manufacturing overhead cost applied to Work in Process $ 71,000 Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. The cost of goods manufactured for May is: