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Marigold Corp's accounting records reflect the following inventories: During 2022, Marigold purchased $140100 of raw materials, incurred direct labor costs of $295300, and incurred manufacturing
Marigold Corp's accounting records reflect the following inventories: During 2022, Marigold purchased $140100 of raw materials, incurred direct labor costs of $295300, and incurred manufacturing overhead totaling $151000. (Assume that all raw materials used were direct materials.) Assume Marigold's cost of goods manufactured for 2022 amounted to $1609000. How much would it report as cost of goods sold for the year? $1606000 $1511900 $1709100 $1612000
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