Mac Corporation reported the following data for the month of Auguest:

Inventories:

	Beginning		Ending
Raw materials	$	42,000	$	37,500
Work in process	$	23,500	$	32,000
Finished goods	$	39,500	$	54,500

Additional information:

Raw materials purchases	$	73,500
Direct labor cost	$	98,500
Manufacturing overhead cost incurred	$	66,500
Indirect materials included in manufacturing overhead cost incurred	$	11,000
Manufacturing overhead cost applied to Work in Process	$	65,500

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

The cost of goods manufactured for July is:

• $222,500

• $242,000

• $231,000

• $243,000