Ralph Corporation is a job-order costing company that uses activity-based costing to apply overhead to jobs. The following overhead activities were budgeted for the year: Activity Cost Driver Amount of Driver Setups $240,000 number of setups 6,000 Purchasing $160,000 number of parts 20,000 Other overhead $300,000 direct labor hours 100,000 The following information about the jobs was given for the month of April. Job 01 Job 02 Job 03 Job 04 Balance on April 1 $64,900 $40,800 $30,500 Direct materials $54,000 $37,900 $25,000 $11,000 Direct labor $80,000 $38,500 $43,000 $21,000 Number of setups 40 10 30 200 Number of parts 300 80 400 500 Direct labor hours 5,000 2,400 5,200 1,200 By April 30, Jobs 02 and 03 were completed and sold. The remaining jobs were still in process. Question: What is the cost of goods manufactured?