Xia Company manufactures a single product. All raw materials used were direct materials. Current information for company follows: Beginning raw materials inventory Ending raw materials inventory Raw material purchases Beginning work in process inventory Ending work in process inventory Direct labor Total factory overhead Beginning finished goods inventory Ending finished goods inventory $13,000 16,000 90,000 25,000 35,000 115,000 90,000 65,000 45,000 The company's cost of direct materials used, cost of goods manufactured and cost of goods sold are: Cost of Goods Cost of Goods Cost of Materials Used Manufactured Sold Option A $90,000 $282,000 $262,000 Option B $93,000 $282,000 $302,000 Option C $87,000 $302,000 $262,000 Option D $87,000 $282,000 $302,000 Option E $93,000 $302,000 $282,000 Multiple Choice Option E Option C Option D Option A Option B