Exhibit B

Chocolate, Inc. had the following inventories at the beginning and end of the current period: Start Ending

Finished goods inventory: $ 20,000. $ 22,000

WIP inventory: $ 13,000. $ 15,000

Direct materials inventory: $ 40,000. $ 33,000

Additional information assembled:

Direct materials purchased: $ 58,000

Purchase discounts: $4,000

Transportation in: $ 12,000

Direct labor costs: $ 42,000

Factory overhead (actual): $ 13,000

Using the information from Exhibit B, what is cost of goods manufactured for the period for Chocolate, Inc.?

A: $124,000.

B: $126,000.

C: $128,000.

D: $130,000.