Refer to the following information to answer the question that follows: Inventories for a given month: Beginning Ending Work in process $37,000 $32,000 Finished goods $66,000 $70,000 Additional information: Direct materials $77,000 Direct labor cost $107,000 Actual Manufacturing overhead cost incurred $83,000 Applied Manufacturing overhead cost $81,000 Calculate the cost of goods manufactured for the given month. Multiple Choice $270,000 $267,000 $272,000 $265,000