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What is the cost of goods sold amount, given the following data? Work in Process, ending balance $ 23,000 Finished goods, beginning balance 87,000 Cost
What is the cost of goods sold amount, given the following data?
Work in Process, ending balance | $ 23,000 |
Finished goods, beginning balance | 87,000 |
Cost of goods manufactured | 118,000 |
Work in Process, beginning balance | 25,000 |
Finished goods, ending balance | 73,000 |
| $118,000 |
| $120,000 |
| $132,000 |
| $116,000 |
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