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Mayson Inc. has provided the following data for the month of October. The balance in the Finished Goods inventory account at the beginning of the

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Mayson Inc. has provided the following data for the month of October. The balance in the Finished Goods inventory account at the beginning of the month was $49,000 and at the end of the month was $45,000. The cost of goods manufactured for the month was $226,000. The actual manufacturing overhead cost incurred was $74,000 and the manufacturing overhead cost allocated was $70,000. The adjusted cost of goods sold that would appear on the income statement for October is: $222,000 $234,000. $226,000. $230,000

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