Answer:
$371,700
Explanation:
The computation of the cost of goods sold is shown below:
Cost of goods manufactured  = Direct materials used + Direct labor cost + Manufacturing overhead cost + beginning work in process inventory - ending work in process inventory
where, 
Manufacturing overhead cost is 
= Depreciation on plant + Factory supplies used + Property tax on plant
= $61,000 + $29,300 + $21,800
= $112,100
The cost of goods manufactured is 
= $126,400 + $113,500 + $112,100 + $14,600 - $16,700
= $349,900
Now the cost of goods sold is 
= Beginning finished goods + Cost of goods manufactured - ending finished goods
= $70,900 + $349,900 - $49,100
= $371,700