Wayne Company's beginning and ending inventories for the month of June were as follows:

Production data for the month follow:
Direct labor cost incurred................................................ $200,000
Direct labor-hours............................................................ 25,000
Actual manufacturing overhead cost incurred................ $132,000
Direct materials purchases............................................... $165,000
Wayne applies manufacturing overhead cost to jobs based on direct labor-hours, and the predetermined rate is $5.75 per direct labor-hour. The company does not close underapplied or overapplied manufacturing overhead to Cost of Goods Sold until the end of the year. What is the amount of cost of goods manufactured?
a. $508,750
b. $502,000
c. $585,000
d. $487,750