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8 pt X Company, a manufacturer, incurred the following total costs during the year: Direct materials Direct labor Overhead $40,146 101,015 174,556 The following additional
8 pt X Company, a manufacturer, incurred the following total costs during the year: Direct materials Direct labor Overhead $40,146 101,015 174,556 The following additional information was available: Revenue for the year was $86,028. Direct material purchases during the year were $30,226. Several jobs that cost a total of $19,305 were unfinished as of the end of the year. Several jobs that cost a total of $25,780 were finished during the year but not sold. There were no unfinished or finished jobs at the beginning of the year. What was Cost of Goods Sold for the year? 1. AO $239,497 BO $270.632 CO $305,814 DO $345,570 EO $390,494 FO $441,258
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