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#8 Cost of goods manufactured equals $44,000 for 2011. Finished goods inventory is $2,000 at the beginning of the year and $5,500 at the end

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Cost of goods manufactured equals $44,000 for 2011. Finished goods inventory is $2,000 at the beginning of the year and $5,500 at the end of the year. Total manufacturing overhead is $4,500. Beginning and ending work in process for 2011 are $4,000 and $5,000 respectively. How much is cost of goods sold for the year? O $40,500 O $47.500 $45,000 More information is needed

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