6. (5 points). Lake Annecy Manufacturing Company's "Finished Goods Inventory" account had a

beginning and ending balance of $250,000 and $300,000, respectively. Cost of Goods Sold is:

a. Higher than Cost of Good Manufactured by $50,000.

b. The same as Cost of Cost of Good Manufactured.

c. Lower than Cost of Good Manufactured by $50,000.

d. Lower than Cost of Good Manufactured but more information is needed to determine the

amount of the difference.

e. None of the answer is correct.