Solt Corporation uses a job-order costing system and has provided the following partially completed T-account summary for the past year. Debit Balance 1/1 Debits Balance 12/31 Multiple Choice $503,000 $415,000 $403,000 Finished Goods $453,000 38,000 Credits The Cost of Goods Manufactured for the year was $415,000. The unadjusted Cost of Goods Sold for the year was: ? 50,000 Credit ?

Solt Corporation uses a job-order costing system and has provided the following partially completed T-account summary for the past year. The Cost of Goods Manufactured for the year was $415,000. The unadjusted Cost of Goods Sold for the year was: Multiple Choice $503,000 $415,000 $403,000 $453,000