Richards Company manufactures a single product. All raw materials used were direct materials. Current information for the company follows:
Beginning raw materials inventory $
Ending raw materials inventory
Raw material purchases
Beginning work in process inventory
Ending work in process inventory
Direct labor
Total factory overhead
Beginning finished goods inventory
Ending finished goods inventory
The company's cost of direct materials used, cost of goods manufactured and cost of goods sold are:
Cost of Materials Used Cost of Goods Manufactured Cost of Goods Sold
Option A $ $ $
Option B $ $ $
Option C $ $ $
Option D $ $ $
Option E $ $ $
