ECONOMICS

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 $52, 000 and at the end of the month was $30, 000. The cost of goods manufactured for the month was $212, 000. The actual manufacturing overhead cost incurred was $55, 000 and the manufacturing overhead cost applied to Work in Process was $58, 000. The adjusted cost of goods sold that would appear on the income statement for November is: