Luebke Inc. has provided the following data for the month of November. The balance in the Finished Goods inventory account at the beginning of the month was $63,000
and at the end of the month was $31,100. The cost of goods manufactured for the
month was $217,500. The actual manufacturing overhead cost incurred was
$58,300 and the manufacturing overhead cost applied to Work in Process was
$62,400. The company closes out any underapplied or overapplied manufacturing
overhead to cost of goods sold. The adjusted cost of goods sold that would appear
on the income statement for November is:
OA) $185,600
B) $245,300
C) $249,400
D) $217,500