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Given the following information, determine the cost of goods sold Direct Labor Incurred Manufacturing Overhead Incurred Direct Materials Used Finished Goods Inventory, Jan. 1 Finished

Given the following information, determine the cost of goods sold Direct Labor Incurred Manufacturing Overhead Incurred Direct Materials Used Finished Goods Inventory, Jan. 1 Finished Goods Inventory, Dec. 31 Work-in-Process Inventory, Jan. 1 Work-in-Process Inventory, Dec. 31 $63,000 179,500 152,000 198,000 96,500 221,000 109,000 OA. $615,500 B. $506,500 O C. $608,000 OD, $294,500

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