The following cost data pertains to Crazy Cow Corp. for December $31$st$,2022$:

Ending Raw Materials Inventory: $$160,000$

Beginning Work$-$in$-$Process: $$40,000$

Ending Work$-$in$-$Process: $$20,000$

Direct Materials Used: $$100,000$

Direct Costs Incurred in Production: $$200,000$

Indirect Costs Incurred in Production: $$100,000$

Beginning Finished Goods Inventories: $$120,000$

Ending Finished Goods Inventories: $$60,000$

Sales: $$600,000$

Selling and Administrative Expenses: $$160,000$

Crazy Cow$$s Cost of Goods Sold Percentage for $2022$ was:

$60\%$

$33\%$

$31\%$

$63\%$