Manufacturing Overhead Has an Underallocated Balance of $16,000; Raw Materials

Manufacturing overhead has an underallocated balance of $16,000; raw materials inventory balance is $150,000; work in process inventory is $130,000; finished goods inventory is $120,000; and cost of goods sold is $180,000. After adjusting for the underallocated manufacturing overhead, what is cost of goods sold?

A) $196,000
B) $16,000
C) $180,000
D) $164,000