The information below relates to Carnes Company's operations for a recent month: Purchases of direct materials $91,000 Direct labor cost $122,000 Selling costs (total) $42,000 Administrative costs (total) $56,000 Manufacturing overhead costs (total) $340,000 Direct materials inventory, beginning $22,000 Work in process inventory, beginning $27,000 Finished goods inventory, beginning $42,000 Direct materials inventory, ending $7,000 Work in process inventory, ending $35,000 Finished goods inventory, ending $15,000 What was Derby's cost of goods manufactured for the month?

Group of answer choices

$568,000

$545,000

$587,000

$560,000