In the process of making hummus, Near-East Foods is left with a slurry of chickpea husks and other left-over ingredients. Although the slurry has no real commercial value, the company has found that local farmers are willing to pay $5/bucket of the slurry (as a source of feed for livestock).

The manufacture of one batch (100) gallons of hummus requires $60 of direct materials, $90 of direct labor, and $45 of overhead. Making one batch also results in 10 buckets of slurry, which take an additional $20 to process for sale to local farmers. Hummus sells for $40/gallon.

What is the amount charged to Cost of Goods Sold for the sale of one batch of hummus and the byproducts?

Select one or more:

a. $60

b. $130

c. $120

d. $115

e. $165