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Zander Inc. uses a job-order costing system in which any underapplied or overapplied overhead is closed to cost of goods sold at the end of

Zander Inc. uses a job-order costing system in which any underapplied or overapplied overhead is closed to cost of goods sold at the end of the month. In July the company completed job F21X that consisted of 24,150 units of one of the company's standard products. No other jobs were in process during the month. The job cost sheet for job F21X shows the following costs:

Beginning balance $74,865 Direct materials $777,630 Direct labor cost $284,970 Manufacturing overhead cost applied $449,190

During the month, the actual manufacturing overhead cost incurred was $444,360 and 16,100 completed units from job F21X were sold. No other products were sold during the month. The unadjusted cost of goods sold (in other words, the cost of goods sold BEFORE adjustment for any underapplied or overapplied overhead) for July is closest to:

$1,586,655

$1,511,790

$1,054,970

$1,057,770

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