Under Pierre Company's job-order costing system, manufacturing overhead is applied to Work in Process inventory using a predetermined overhead rate. During January, Pierre's transactions included the following:

Direct materials issued to production	$	95,000
Indirect materials issued to production	$	6,000
Manufacturing overhead cost incurred	$	130,000
Manufacturing overhead cost applied	$	118,000
Direct labor cost incurred	$	112,000

Pierre Company had no beginning or ending inventories. What was the cost of goods manufactured for January? (CMA adapted)

$319,000.

$325,000.

$337,000.

$343,000.