Calculate the cost of goods sold using the following information:

Direct materials used	$ 299,700
Direct labor	133,200
Total factory overhead	265,200
General and administrative expenses	86,700
Selling expenses	50,000
Work in Process inventory, beginning	119,700
Work in Process inventory, ending	127,100
Finished goods inventory, beginning	233,300
Finished goods inventory, ending	239,900

Multiple Choice

• $698,100.

• $684,100.

• $777,400.

• $705,500.

• $690,700.