The following information was taken from the accounting records of Elliott Manufacturing Corp. Unfortunately, some of the data were destroyed by a computer malfunction.

Sales Revenue	$	65,500
Finished Goods Inventory, Beginning		11,500
Finished Goods Inventory, Ending		8,000
Cost of Goods Sold		?
Gross Margin		31,500
Direct Materials Used		11,500
Selling and Administrative Expense		?
Operating Income		16,000
Work-in-Process Inventory, Beginning		?
Work-in-Process Inventory, Ending		6,500
Direct Labor Used		9,750
Factory Overhead		13,000
Total Manufacturing Cost		?
Cost of Goods Manufactured		?

Work in process inventory, beginning, is calculated to be:

Multiple Choice

• $9,750.

• $13,000.

• $15,750.

• $9,850.