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Selected financial information for the Company is presented in the following table (000s omitted). Sales revenue $4200 Purchases of direct materials $480 Direct labor $500

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Selected financial information for the Company is presented in the following table (000s omitted). Sales revenue $4200 Purchases of direct materials $480 Direct labor $500 Manufacturing overhead $700 Operating expenses $680 Beginning raw materials inventory $290 Ending raw materials inventory $200 Beginning work in process inventory $410 Ending work in process inventory $460 Beginning finished goods inventory $340 Ending finished goods inventory $300 What was cost of goods sold? $960 $1790 $1680 O $1760

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