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cost of goods sold? 2093976/quizzes/5408547/take Question 37 2 pts The records of ABC Co. showed the following information: Decrease in accounts payable 30,000 Disbursements for

cost of goods sold?

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2093976/quizzes/5408547/take Question 37 2 pts The records of ABC Co. showed the following information: Decrease in accounts payable 30,000 Disbursements for purchases 220,000 Increase in raw materials 50,000 Direct labor is 50% of raw materials used in production Manufacturing overhead is 20% of prime costs Increase in work-in-process inventory 20,000 Decrease in finished goods inventory 25,000 7. The cost of goods sold is 252.000 232,000 257.000 190.000

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