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Work In Process Finished Goods Cost of Goods Sold Total Direct materials...

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Accounting

Work In Process Finished Goods Cost of Goods Sold Total
Direct materials $ 880 $ 5,500 $ 23,100 $ 29,480
Direct labor 4,100 17,600 73,920 95,620
Manufacturing overhead applied 2,460 7,380 31,160 41,000
Total $ 7,440 $ 30,480 $ 128,180 $ 166,100

Manufacturing overhead for the month was overapplied by $1,000.

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 finished goods inventory at the end of January after allocation of any underapplied or overapplied manufacturing overhead for the month is closest to:

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