Ragtime Company had the following Information for the year: Direct materials used Direct labor incurred (4,700 hours) Actual manufacturing overhead incurred $118,400 $151,900 $171,000 Ragtime Company used a predetermined overhead rate of $40 per direct labor hour for the year. Assume the only inventory ba In Process Inventory balance of $17,900. What was cost of goods manufactured? Multiple Choice $451200 $270,300 $441300 $270,300 $441,300 $440,400