Ragtime Company had the following information for the year:

direct materials used $=110,000$

direct labor incurred$(5,000$ hours$)=150,000$

Actual manufacturing overhead incurred $=166,000$

Ragtime Company used a predetermined overhead rate of $$35$ per direct labor hour for the year. Assume the only inventory balance is an ending Work in Process Inventory balance of $$17,000.$ What was adjusted cost of goods sold?

Question $12$ options:

$$409,000$

$$418,000$

$$435,000$

$$426,000$