The following information is given from The Gathering Sound, Inc. for the month of August, 2020:

Beginning raw materials inventory

$21,600

Ending raw materials inventory

$18,600

Beginning work in process inventory

$35,000

Ending work in process inventory

$37,450

Beginning finished goods inventory

$29,340

Ending finished goods inventory

$28,995

Raw material purchases

$88,210

Direct materials used

$89,300

Direct labor used

$51,730

Total factory overhead applied

$62,076

Calculate the Cost of Goods Sold.

a.$203,106

b.$203,656

c.$201,001

d.$200,311

e.$200,656