Question $4$

In July, Noel & Vang Company purchased materials costing $$23,100$

and incurred direct labor cost of $$19,800.$ Manufacturing overhead

totaled $$35,200$ for the month. Information on inventories was as

follows:

What was the cost of goods sold for July?

$$77,220$

$$69,600$

$$71,300$

$$71,100$