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During its first year of operations, silver company paid $11065 for direct materials and $11200 for production workers wages. Lease payments and utilities on the
During its first year of operations, silver company paid $11065 for direct materials and $11200 for production workers wages. Lease payments and utilities on the production facilities amounted to $10,200 while general, selling and administrative expenses totaled $3,300.the company produced 7,550 units and sold 4,700 units at a price of $6.80 a unit.
What is silvers cost of goods sold for the year?
A 25,565
B 20,210
C 32,465
D 15,915
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