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X Company is a manufacturing firm. It incurred the following manufacturing costs in 2019:
Direct material | $104,786 |
Direct labor | 69,693 |
Overhead | 140,920 |
Total | $315,399 |
All jobs were started, finished, and sold in 2019, except for the following jobs:
Job | Status | Cost |
AA | started and finished in 2019; not sold in 2019 | $28,365 |
BB | started in 2019; not finished in 2019 | 8,640 |
CC | finished in 2018; sold in 2019 | 27,762 |
What was Cost of Goods Sold in 2019?
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