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Part $1$

Zoolander Inc. manufacturers high end fashion accessories and has provided the following data for the latest quarter ended March$31$st:

Beginning Inventory for Raw Materials

$ $70$ comma $000$

Ending Inventory for Raw Materials

$ $49$ comma $600$

Beginning Inventory for Work in Process

$ $89$ comma $000$

Ending Inventory for Work in Process

$ $94$ comma $000$

Beginning Inventory for Finished Goods

$ $55$ comma $000$

Ending Inventory for Finished Goods

$ $56$ comma $000$

Purchases of Raw Materials

$ $44$ comma $000$

Wages paid to assembly line workers

$ $118$ comma $000$

Wages paid to factory supervisor

$ $27$ comma $000$

Property insurance paid on factory

$ $4$ comma $900$

Utilities for the factory

$ $9$ comma $400$

Indirect materials used in production

$ $3$ comma $000$

Sales Revenue

$$$$525,000$

General$$ & Administrative Expenses

$$$$135,000$

Calculate cost of goods sold for Zoolander$$ Inc.$\text{'}$s first quarter.$$

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Part $1$

A$.$$ $220$ comma $700$

$ $220$ comma $700$

B$.$$ $201$ comma $300$

$ $201$ comma $300$

C$.$$ $186$ comma $000$

$ $186$ comma $000$

D$.$$ $189$ comma $300$

$ $189$ comma $300$