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Selected financial information for Greek Food Producers is presented in the following table (000s omitted). Beginning raw materials inventory $500 Ending raw materials inventory $200

Selected financial information for Greek Food Producers is presented in the following table (000s omitted). Beginning raw materials inventory $500 Ending raw materials inventory $200 Direct labor $270 Operating expenses $750 Purchases of direct materials. $470 Beginning work in process inventory $360 Ending work in process inventory $600 Sales revenue $5,000 Manufacturing overhead $730 Beginning finished goods inventory $310 Ending finished goods inventory $300 What was the cost of direct materials used? OA. $770 B. $970 OC. $470. OD. $300 Calculator 800 esc F1 F2 F3 000 DOD FA F5 MacBook Pro

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