Lakeside Machining, Incorporated, has the following inventory account balances and related manufacturing cost information for the month of August:

Raw Materials, August 1	$ 65,000
Raw Materials, August 31	$ 72,000
Raw materials purchased	$ 286,000

In Lakesides Statement of Cost of Goods Manufactured for August, raw materials used will be reported as:

Multiple Choice

A) $214,000.

B) $221,000.

C) $296,000. Incorrect

D) $279,000.