The accounting records of ABC company revealed the following information: Cost of goods manufactured $625,000...
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Accounting
The accounting records of ABC company revealed the following information: Cost of goods manufactured $625,000 Work-in-process inventory, 1/1 26,000 Finished-goods inventory. 1/1 95,000 Work-in-process inventory. 12/31 35,000 Finished-goods inventory, 12/31 120,000 The Cost of goods sold is: Select one: a. $616,000 b. $513,000 c. $650,000 d. $600,000
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