Gest 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 $52,800 and at the end of the month was $40,100. The cost of goods manufactured for the month was $270,000. The actual manufacturing overhead cost incurred was $171,600 and the manufacturing overhead cost applied to Work in Process was $165,000. The adjusted cost of goods sold that would appear on the income statement for November is:

	$282,700
	$257,300
	$276,100
→	$289,300

Manufacturing overhead underapplied (overapplied) = Actual manufacturing overhead incurred − Manufacturing overhead applied

= $171,600 − $165,000 = $6,600 underapplied

Adjusted cost of goods sold = Beginning finished goods inventory + Cost of goods manufactured − Ending finished goods inventory + Manufacturing overhead underapplied

= $52,800 + $270,000 − $40,100 + $6,600

= $289,300