10) Specialty Products Incorporated, has the following inventory account balances and related manufacturing cost flow information...

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10) Specialty Products Incorporated, has the following inventory account balances and related manufacturing cost flow information for the month of March: Raw Materials, March 1 Raw Materials, March 31 Work in Process, March 1 Work in Process, March 31 Finished Goods, March 1 Finished Goods, March 31 Raw materials purchased Raw materials used $ 40,000 $ 50,000 $ 90,000 $ 80,000 $ 136,000 ? $ 124,000 $ 150,000 ? $ 240,000 Cost of goods manufactured $ 600,000 Cost of goods sold ? Direct labor incurred Manufacturing overhead incurred Cost of goods sold for March is:* OA) $600,000. OB) $612,000. OC) $724,000. O D) $736,000. 10) Specialty Products Incorporated, has the following inventory account balances and related manufacturing cost flow information for the month of March: Raw Materials, March 1 Raw Materials, March 31 Work in Process, March 1 Work in Process, March 31 Finished Goods, March 1 Finished Goods, March 31 Raw materials purchased Raw materials used $ 40,000 $ 50,000 $ 90,000 $ 80,000 $ 136,000 ? $ 124,000 $ 150,000 ? $ 240,000 Cost of goods manufactured $ 600,000 Cost of goods sold ? Direct labor incurred Manufacturing overhead incurred Cost of goods sold for March is:* OA) $600,000. OB) $612,000. OC) $724,000. O D) $736,000.