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The following information relates to the operations of Cruz Manufacturing during the current year: Raw materials used Direct labor wages Sales salaries and commissions Depreciation

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The following information relates to the operations of Cruz Manufacturing during the current year: Raw materials used Direct labor wages Sales salaries and commissions Depreciation on production equipment Rent on manufacturing facilities Packaging and shipping supplies Sales revenue Units produced and sold Selling price per unit $ 9,500 29.500 24,500 1,950 14,500 2,950 94,500 9,500 $ 14.00 Based on this information, what is the company's cost of goods sold? (Do not round intermediate calculations.) Multiple Choice O $41,950 $55.450 $58,400 $82.900

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