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D Question 8 The accounting records of Shelley Co. revealed the following information: Work-in-process inventory, Jan. 1 Work-in-process inventory, Dec. 31 Finished-goods inventory, Jan. 1

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D Question 8 The accounting records of Shelley Co. revealed the following information: Work-in-process inventory, Jan. 1 Work-in-process inventory, Dec. 31 Finished-goods inventory, Jan. 1 Finished-goods inventory, Deo. 31 Cost of goods manufactured $ 58,000 49,000 125,000 158,000 754.000 Brownwood's cost of goods sold is: O $721,000 O $730,000 O $778,000 $787,000. O $754,000

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