Laura's Cosmetics uses a normal cost system and has the following balances at the end of its first year's operations. WIP inventory $ 166,000 Finished-goods inventory 249,000 Cost of goods sold 415,000 Actual factory overhead 409,000 Factory overhead applied 451,000 Requirement 1. Compute cost of goods sold for two different ways to dispose of the year-end overhead balances. By how much would gross profit differ? Begin by computing the cost of goods sold under the immediate write-off method. The adjusted cost of goods sold is $