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Given the following information, determine the cost of goods sold Direct Labor Incurred $ 64,000...

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Accounting

Given the following information, determine the cost of goods sold

Direct Labor Incurred $ 64,000

Manufacturing Overhead Incurred $ 176,000

Direct Materials Used $ 152,000

Finished Goods Inventory, Jan 1 $ 197,000

Finished Goods Inventory, Dec 31 $96,500

Work-in-Process Inventory, Jan 1 $220,000

Work-in-Process Inventory, Dec 31 $108,000

A. $504,000

B. $604,500

C. $293,500

D. $612,000

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