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Selected financial information for Greek Food Producers is presented in the following table (000s omitte Beginning raw materials inventory $ 380 Ending raw materials inventory

Selected financial information for Greek Food Producers is presented in the following table (000s omitte Beginning raw materials inventory $ 380 Ending raw materials inventory 280 Direct labor 250 Operating expenses 650 Purchases of direct materials 470 Beginning work in process inventory 410 Ending work in process inventory 670 Sales revenue Manufacturing overhead Beginning finished goods inventory 4,600 770 320 Ending finished goods inventory 290 What was cost of goods sold? A. $1,550 B. $770 OC. $1,360 OD. $1,180

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