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10 The manufacturing operations of a company had the following balances for the month of January: Inventories January 1 January 31 Raw materials $56,000

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10 The manufacturing operations of a company had the following balances for the month of January: Inventories January 1 January 31 Raw materials $56,000 $102,000 Work in process $21,000 $23,000 Finished goods $69,000 $48,000 The company transferred $345,000 of completed goods out of work in process during January. What is the cost of goods sold for January? $343,000 $299,000 $345,000 $366,000 NEXT > BOOKMARK

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