ABC Company has the following information at the end of the current year:

$$

Direct Materials Used

$$25,000$

Beginning Work$-$in$-$Process Inventory

$2,000$

Ending Work$-$in$-$Process Inventory

$5,000$

Direct Labor

$10,000$

Manufacturing Overhead

$7,000$

$$

What is the cost of goods manufactured?

Answer

$$25,000$

$$49,000$

$$39,000$

$$43,000$