Cost of Goods Sold In September, Lauren Ashley Company purchased materials costing $230,000 and incurred direct labor cast of 150,000, Overhead butaled $400,000 for the month. Information en inventories was as follows September 1 September 30 Materials Work in process $120,000 $130,000 80.000 90,000 Finished goods 20,000 1,000 Required What was the coat of goods sold for September