Q) What was Cost of Goods Sold in 2020?

A: $70,775 B: $88,468 C: $110,586 D: $138,232 E: $172,790 F: $215,988

X Company, a manufacturer, had the following inventory account balances in 2020: Account Materials January 1 $14,006 16,632 15,796 December 31 $14,006 18,506 16,892 Work in Process Finished Goods The following additional information for the year is available: Direct materials purchased Direct labor Overhead $66,468 30,940 43,794