The following information applies to the questions displayed below.$]$

Bodin Company manufactures finger splints for kids who get tendonitis from playing video games. The firm had the following inventories at the beginning and end of the month of January.

Type January $1$ January $31$

Finished goods $ $125,000$ $ $117,000$

Work in process $235,000251,000$

Raw material $132,000124,000$

The following additional data pertain to January operations.

Raw material purchased $ $191,000$

Direct labor $400,000$

Actual manufacturing overhead $170,000$

Actual selling and administrative expenses $110,000$

The company applies manufacturing overhead at the rate of $60$ percent of direct$-$labor cost. Any overapplied or underapplied manufacturing overhead is accumulated until the end of the year.

$4.$ Compute the cost of goods sold for January.