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Question 15 Franklin Street Manufacturing has the following cost information available for 2009: Direct materials used $10 000 Direct labour costs 25 000 Factory overhead 20 000 Marketing expenses 4000 Administrative expenses 6000 20 000 units were produced during the year out of which 19 000 units were sold for $10 each. What is cost of goods sold for 2009? Selected Answer: $52 250 Answers: $55 000 $52 250 $61 750 $65 000