Consider the following for Columbia Street Manufacturing:

Change in finished goods inventory	$ 1,255	increase
Change in work-in-process inventory	$ 530	decrease
Total manufacturing costs	$ 1,125

What are the cost of goods manufactured and cost of goods sold?

Multiple Choice

• Cost of goods manufactured: $1,155.; Cost of goods sold: 1,455.

• Cost of goods manufactured: $2,310.; Cost of goods sold: $1,060.

• Cost of goods manufactured: $1,655.; Cost of goods sold: $400.

• Cost of goods manufactured: $1,655.; Cost of goods sold: $835.

• Cost of goods manufactured: $2,110.; Cost of goods sold: $1,330.