Question 23 Depreciation-selling ...... Direct labor. ............. Factory rent ................. . Factory supplies used ............... Finished goods inventory (January 1)... Finished goods inventory (December 31)..... Indirect material used. ........ Indirect labor ...................... Materials inventory (January 1). ..... Materials inventory (December 31)........ Net delivered cost of materials purchased. ..... Other factory overhead ................... Sales.......................... Sales salaries expense................. Work in process inventory (January 1)..... Work in process inventory (December 31)... Administrative salaries (non-factory) .... Administrative rent (non-factory) ...... Advertising and promotion expense .... Depreciationadministrative ...... Depreciationfactory ........... ... 17,000 ........ 175,000 18,000 12,000 57,000 ..... 52,000 ...... 14,000 19,000 ...... 13,000 ..... 20,000 138,000 ..... 26,000 845,000 ... 72,000 18,000 .... 31,000 ..... $ 70,000 . 35,000 .... 41,000 ...... 22,000 30,000 Q: What is cost of goods sold? CA $455,000 B. $117,000 c. $398,000 -- $403.000