1. The following information concerning inventories for Neiman Company is available:

• Beginning work-in-process inventory = $60,000
• Ending work-in-process inventory = 76,000
• Beginning finished goods inventory = 144,000
• Ending finished goods inventory = 120,000

If there were $350,000 of total manufacturing costs added to production during the period, what was the cost of goods manufactured?

$326,000

$334,000

$366,000

$374,000