Midterm 1 0 Help Save & E 4 A company had beginning inventories as follows: Direct Materials, $600; Work-In-Process, $800; Finished Goods, $1,000. It had ending Inventorie follows: Direct Materials, $700; Work-in-process, $900; Finished Goods, $1,100. Material Purchases, net were $2,350, Direct Labor $2,450, and Manufacturing Overhead $2,550. What is the Cost of Goods Sold for the period? S1803 Multiple Choice Sloped $6.950 O $2250 57350 57050