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

Work in process: Beginning $34,000 Ending$29,000

Finished goods: $63,000 $67,000

Additional information: Direct materials$74,000

Direct labor cost$104,000

Manufacturing overhead cost incurred$80,000

Manufacturing overhead cost applied to Work in Process$78,000

Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. The cost of goods manufactured for May is: