Specialty Products Incorporated, has the following inventory account balances and related manufacturing cost flow information for the month of March:

Raw Materials, March 1	$ 40,000
Raw Materials, March 31	$ 50,000
Work in Process, March 1	$ 90,000
Work in Process, March 31	$ 80,000
Finished Goods, March 1	$ 136,000
Finished Goods, March 31	$ 124,000
Raw materials purchased	?
Raw materials used	$ 150,000
Direct labor incurred	?
Manufacturing overhead incurred	$ 240,000
Cost of goods manufactured	$ 600,000
Cost of goods sold	?

Cost of goods sold for March is:

Multiple Choice

$600,000.

$612,000.

$724,000.

$736,000.