Production Department 2 (of Manufacturing Company Inc.) is required to track and report departmental expenses and costs. PD2 reported the following information at year-end: Beginning Raw Materials Inventory: Ending Raw Materials Inventory: Beginning Work in Process Inventory: Ending Work in Process Inventory: Beginning Finished Goods Inventory: Ending Finished Goods Inventory: Materials Purchased: Indirect Materials Used: Direct Labor Wages: Indirect Labor Wages: Production Equipment Depreciation: Equipment Maintenance: Factory Rent: Office Supplies Used: Selling and Administrative Expenses: Score: What was PD2's Cost of Goods Sold for the period? $16,000 $17,500 $55,000 $60,000 $52,000 $49,500 $90,000 $15,000 $46,000 $37,500 $25,000 $4,000 $15,000 6,000 $524,000

Production Department 2 (of Manufacturing Company inc.) is required to track and report departmental expenses and costs. PD2 reported the following information at year-end: What was PD2's Cost of Goods Sold for the period