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Could you help me by showing how to do these problems. Craft Manufacturing Company's accounting records reflect the following inventories: Raw materials inventory (Dec. 31,2007)

Could you help me by showing how to do these problems.

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Craft Manufacturing Company's accounting records reflect the following inventories: Raw materials inventory (Dec. 31,2007) $275,000 Raw materials inventory (Dec. 31, 2008) $300,000 Work in process inventory (Dec. 31, 2008) $100,000 Work in process inventory (Dec. 31, 2007) $160,000 Finished goods inventory (Dec. 31, 2008) $400,000 Finished goods inventory (Dec. 31, 2007) $230,000 During 2008, $650,000 of raw materials were purchased, direct labor costs amounted to $720,000, and manufacturing overhead incurred was $530,000. Compute the cost of goods manufactured for 2008 for Craft Manufacturing Company. A. $1,875,000. B. $1,825,000. C. $1,935,000. D. d. $1,775,000.Craft Manufacturing Company's accounting records reect the following inventories: Raw materials inventory (Dec. 31,2007) $275,000 Raw materials inventory (Dec. 31, 2008) $300,000 Work in process inventory (Dec. 31, 2008) $100,000 Work in process inventory (Dec. 31, 2007) $160,000 Finished goods inventory (Dec. 31, 2008) $400,000 Finished goods inventory (Dec. 31, 2007) $230,000 During 2008, $650,000 of raw materials were purchased, direct labor costs amounted to $720,000, and manufacturing overhead incurred was $530,000. Compute the cost of goods sold for 2008 for Craft Manufacturing Company. A A. $2,165,000. A B. $1,765,000. A C. $1,625,000. A D. 2,225,000

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