The Precision Widget Company had the following balances in t…

The Precision Widget Company had the following balances in their accounts at the end of the accounting period: Work-in-Process             $   5,000 Finished Goods                  35,000 Cost of Goods Sold          160,000   If their manufacturing overhead was overallocated by $8,000 and Precision Widget adjusts their accounts using a proration based on total ending balances, the revised ending balance for Cost of Goods Sold would be