Ragtime Company had the following information for the year Direct materials used Direct labor incurred (4,950 hours) $116,700 $155,200 Actual manufacturing overhead incurred $166,000 Ragtime Company used a predetermined overhead rate of $39 per direct labor hour for the year. Assume the only inventory balance is an ending Work in Process Inventory balance of $17,300. What was cost of goods manufactured? Multiple Choice $447,200 $437,900 $271900 $447,650