A company had beginning inventories as follows: Direct Materials, $500, Work in Process, $700: Finished Goods $900. It had ending inventories as follows: Direct Materials, $600; Work-in-Process, $800: Finished Goods, $1000. Material Purchases, net were $2.250. Direct Labor $2.350, and Manufacturing Overhead $2,450. What is the cost of Goods Sold for the period? Multiple Choice $6,650 56,850 $6.950 $6,750