Anthony Karim recently began working at Luce Laminating Company as a Cost Accountant. In order to prepare financial statements, Anthony was provided the following information for the most recent period.

 

What is the cost of sold goods?

Direct materials used	$12,100
Direct labor	$12,100
Manufacturing Overhead applied	$22,100
Beginning WIP inventory	$27,100
Ending WIP inventory	$37,100
Beginning FG inventory	$62,100
Ending FG inventory	$47,100