Zara has provided the following data for the month of May. The balance in the Finished Goods inventory account at the beginning of the month was $ 47,000 and at the end of the month was $40,000. The cost of goods manufactured for the month was $220,000. The actual manufacturing overhead cost incurred was $68,000 and the manufacturing overhead cost applied was $70,000. The adjusted cost of goods sold that would appear on the income statement for May is: $225,000 .a $229,000 .b ^ $297,000 .C $211,000 .d