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Below is selected financial information for Italian Food Producers (000s omitted). January 1 December 31 Work In Process Inventory 495 915 Finished Goods Inventory 525
Below is selected financial information for Italian Food Producers (000s omitted).
January 1 | December 31 | |
Work In Process Inventory | 495 | 915 |
Finished Goods Inventory | 525 | 420 |
Direct Material | 750 |
Direct Labor | 375 |
Manufacturing Overhead | 1,125 |
Operating Expenses | 1,110 |
What is the company's cost of goods sold?
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