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The following information is for X Company, a manufacturer, for 2021: Revenue was $498,709. Total manufacturing costs were $311,693. On January 1, several jobs were

The following information is for X Company, a manufacturer, for 2021:

  • Revenue was $498,709.

  • Total manufacturing costs were $311,693.

  • On January 1, several jobs were still not finished; costs incurred on those jobs were $19,575.

  • On December 31, several jobs were still not sold; costs incurred on those jobs were $25,540.

  • All other inventory balances were zero.

What was Cost of Goods Sold for the year?

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