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

Inventories:

Beginning Ending

Work in process $$37,000$ $$32,000$

Finished goods $$66,000$ $$70,000$

Additional information:

Direct materials $$77,000$

Direct labor cost $$107,000$

Manufacturing overhead cost incurred $$83,000$

Manufacturing overhead cost applied to Work in Process $$81,000$

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

The cost of goods manufactured for May is:

Multiple Choice

$$265,000$

$$267,000$

$$270,000$

$$272,000$