Xia Co. manufactures a single product. All raw materials used are traceable to specific units of product. Current information for company follows:

Beginning raw materials inventory	$	10,000
Ending raw materials inventory		13,000
Raw material purchases		87,000
Beginning work in process inventory		22,000
Ending work in process inventory		32,000
Direct labor		112,000
Total factory overhead		87,000
Beginning finished goods inventory		62,000
Ending finished goods inventory		42,000

The company's cost of direct materials used, cost of goods manufactured and cost of goods sold is:

Multiple Choice

	Cost of Materials Used	Cost of Goods Manufactured	Cost of Goods Sold
A.	$87,000	$273,000	$253,000

B.

$90,000

$273,000

$293,000

C.

$84,000

$293,000

$253,000

D.

$84,000

$273,000

$293,000

E.

$90,000

$293,000

$273,000