which type of costing system is the only acceptable costing system for GAAP purpos

Question 40 Selected financial information for Greek Food Producers is presented in the following table ( $200 $250 $500 $33 Beginning raw materials inventory Ending raw materials inventory Direct labor Operating expenses Direct materials used Beginning work in process inventory Ending work in process inventory Sales revenue Manufacturing overhead Beginning finished goods inventory Ending finished goods inventory What was cost of goods sold? O $750 $1290 O $1200 $1080 Previous arch opte - 6