The IS-28540 company uses traditional job-order costing with direct labor cost as the allocation base. The company reports the following information for last year:

Direct labor cost$ 83,000Raw material purchases$ 138,000Manufacturing overhead applied to work in process$ 229,000Actual manufacturing overhead costs$ 207,000

InventoriesBeginningEndingRaw materials$ 8,400$ 10,400Work in process$ 5,500$ 20,100Finished goods$ 72,000$ 25,900

The company closes out any underapplied or overapplied overhead to Cost of Goods Sold. What was the IS-28540 company's adjusted Cost of Goods Sold for last year?

multiple choice

$ 465,700

$ 457,500

$ 440,000

$ 478,500