Koczela Incorporated has provided the following data for the month of May:

Inventories:

Beginning Ending

Work in process $$33,000$ $$28,000$

Finished goods $$62,000$ $$66,000$

Additional information:

Direct materials $$73,000$

Direct labor cost $$103,000$

Manufacturing overhead cost incurred $$79,000$

Manufacturing overhead cost applied to Work in Process $$77,000$

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

The cost of goods manufactured for May is:

Multiple Choice

$$258,000$

$$253,000$

$$255,000$

$$260,000$