X Company reported the following 2021 inventory balances: January 1, 2021 December 31, 2021 Direct Materials Work in Process $15,756 $17,822 The following 2021 information was also available: Sales were $369,624. Direct materials costing $60,570 were purchased. Direct labor was $20,366. Overhead was $43,994. Selling and administrative costs were $35,012. What was Cost of Goods Sold in 2021? OC: $178,652 OD: $259,045 E: $375,615 OF: $544,642 A: $84,971 OB: $123,208 OC: $178,652 Submit Answer Tries 0/99 $16,170 $16,170 Finished Goods $15,464 $15,120