Question

Given the following data:

Cost of materials used $45,000
Direct labor costs48,000
Factory overhead39,000
Work in process, beginning28,000
Work in process, ending18,000
Finished goods, beginning28,000
Finished goods, ending18,000

What is the cost of goods sold?

a. $152,000

b. $142,000

c. $10,000

d. $128,000

Answer

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