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x Company had the following inventory balances for 2017: January 1 December 31 Direct Materials $17,116 $17,116 Work in Process $14,710 $16,656 Finished Goods $14,132 $17,474 The following additional information was available for 2017 Direct materials costing $70,847 were purchased. Direct labor cost was $30,916 Overhead of $50,746 was allocated to products. Selling and administrative costs were $34,527 Sales were $441,663. What was Cost of Goods Sold for the year? 148425 Submit Apswer Tres 1/3 Previous Tries