Minstrel Manufacturing uses a job order costing system. During one month, Minstrel purchased $204,000 of raw materials on credit; issued materials to production of $200,000 of which $31,500 were indirect. Minstrel incurred a factory payroll of $153,000, of which $41,500 was indirect labor. Minstrel uses a predetermined overhead application rate of 150% of direct labor cost. Minstrel's beginning and ending Work in Process Inventory are $16,000 and $28,000 respectively. Compute the cost of product transferred to Finished Goods Inventory:

a. $573,000

b. $451,500

c. $423,500

d. $435,250

e. $425,500