Reith Inc. has provided the following data for the month of November. There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month.

	Work In Process			Finished Goods			Cost of Goods Sold			Total
Direct materials	$	1,850		$	10,440		$	58,560		$	70,850
Direct labor		3,510			22,620			126,880			153,010
Manufacturing overhead applied		1,560			7,800			42,640			52,000
Total	$	6,920		$	40,860		$	228,080		$	275,860

Manufacturing overhead for the month was overapplied by $4,000.

The company allocates any underapplied or overapplied manufacturing overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the overhead applied during the month in those accounts.

The cost of goods sold for November after allocation of any underapplied or overapplied manufacturing overhead for the month is closest to:

Multiple Choice

• $224,800

• $231,360

• $224,080

• $232,080