The following inventory balances relate to Bharath Manufacturing Corporation at the beginning and end of the year:

Bharath's cost of goods sold was $653,000. What was Bharath's cost of goods manufactured?
A. $660,000
B. $670,000
C. $682,000
D.$689,000

Transcribed Image Text:

Finished goods inventory, beginnigS29,000 Add: Cost of goods manufactured Goods available for sale Deduct: Finished goods inventory, ending 36,000 Cost of goods sold. S653,000