Lakeside Machining, Inc In Lakeside's Statement of Cost of Goods Manufactured for August

Multiple Choice

Lakeside Machining, Inc., has the following inventory account balances and related manufacturing cost information for the month of August: $\begin{array}{lrr}\text { Raw Materials, August 1 } & \$ 65,000 \\\text { Raw Materials, August 31 } & \$ 72,000 \\\text { Raw materials purchased } & \$ 286,000\end{array}$

In Lakeside's Statement of Cost of Goods Manufactured for August, raw materials used will be reported as:

A) $214,000.
B) $221,000.
C) $279,000.
D) $296,000.