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Ryder Manufacturing reported the following year end information: beginning work in process inventory $90,000; cost of goods manufactured $258,000; beginning finished goods inventory, $126,000; ending

Ryder Manufacturing reported the following year end information: beginning work in process inventory $90,000; cost of goods manufactured $258,000; beginning finished goods inventory, $126,000; ending work in process inventory, $110,000; and ending finished goods inventory, $132,000. Ryders cost of goods sold for the year is:

a.

$252,000

b.

$264,000

c.

$238,000

d.

$126,000

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