The following nccount balances at the beginning of January were selected from the general ledger of Fresh Bagel Manufacturing Company Work in process inventory materials inventory Fished goods inventory 30 $28,900 $40,800 1. Adual manufacturing overhead for January amounted to $63,000 2 Total direct labor cost for January was $63,200. 3. The prodolominod manufacturing overhead rate is based on direct labor cost. The budget for the year called for $240,000 of direct labor cost and $336,000 of manufacturing overhead costs 4. The only job unfinished on January 31 was Job No 151, for which total direct labor charges were $6200 (1300 direct labor hours) and total direct material charges were $14,300 5. Cost or direct matorials placed in production during January totaled $123,900. There were no indirect material requisitions during January 6. January 31 balance in raw materials inventory was $35,700 7. Finished goods inventory balance on January 31 was $34,900 What is the cost of goods sold for January? $201,571 $252,300 $226,500 $317,200