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Mustang Corporation has accumulated the following accounting data for the month of April: Finished goods inventory, April 1 $ 31,600 Finished goods inventory, April 30

Mustang Corporation has accumulated the following accounting data for the month of April:

Finished goods inventory, April 1 $ 31,600
Finished goods inventory, April 30 25,800
Total cost of goods manufactured 120,100

The cost of goods sold for the year is:

Multiple Choice

  • $175,100.

  • $114,300.

  • $62,700.

  • $125,900.

  • $151,700.

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