Ting Company started the accounting period with the following beginning balances:

Raw Materials Inventory, $46,000; Work in Process Inventory, $94,000; and Finished Goods Inventory, $24,000. During the accounting period, the company purchased $64,000 of raw materials and ended the period with $20,000 in raw material inventory. Direct labor costs for the period were $124,000 and $40,000 of manufacturing overhead costs were allocated to work in process. There was no over- or underapplied overhead. Ending work in process was $86,000 and ending finished goods was $39,000. Goods were sold during the period for $354,000. The amount of cost of goods manufactured (i.e., amount transferred from work in process to finished goods) would be:

Multiple Choice

$258,000.

$209,500.

$313,000.

$262,000.