Exercise $12-10$A $($Algo$)$ Process costing system LO $12-3$

Stuart Company is a cosmetics manufacturer. Its assembly department receives raw cosmetics from the molding department. The assembly department places the raw cosmetics into decorative containers and transfers them to the packaging department. The assembly department's Work in Process Inventory account had a $$53,500$ balance as of August $1.$ During August, the department incurred raw materials, labor, and overhead costs amounting to $$67,500,$$$75,500,$ and $$84,000,$ respectively. The department transferred products that cost $$337,000$ to the packaging department. The balance in the assembly department's Work in Process Inventory account as of August $31$ was $$82,500.$

Required

Determine the cost of raw cosmetics transferred from the molding department to the assembly department during August.

Cost of raw cosmetics transferred