Manufacturing Overhead Has an Underallocated Balance of $12,400; Raw Materials

Multiple Choice

Manufacturing overhead has an underallocated balance of $12,400; raw materials inventory balance is $145,500; work in process inventory is $122,800; finished goods inventory is $140,300; and cost of goods sold is $170,500. After adjusting for the underallocated manufacturing overhead, what is cost of goods sold?

A) $170,500
B) $12,400
C) $182,900
D) $158,100