Savard Corporation Reported the Following

Multiple Choice

Savard Corporation reported the following:
Raw material purchases totaling $100,000.
Raw material inventory increased $5,000.
Direct labor costs incurred totaled $150,000.
Total factory overhead was $225,000.
Work in process increased $20,000.
Indirect labor was $7,000.
Finished goods increased $40,000.
Sales salaries were $75,000.
How much was Savard's cost of goods sold?

A) $410,000
B) $450,000
C) $407,000
D) $457,000