Cost of Goods Sold In September, Lauren Ashley Company purchased materials costing $190,000 and incurred direct labor cost of $130,000. Overhead totaled $350,000 for the month. Information on inventories was as follows: September 1 September 30 Materials $130,000 Work in process $120,000 80,000 70,000 90,000 65,000 Finished goods Required: What was the cost of goods sold for September? $ 835,000 x