Tall Timbers reports the following data for its first year of operation.
Work in process inventory, beginning
Work in process inventory, ending
Manufacturing overhead
Direct materials used
Finished goods inventory, beginning
Finished goods inventory, ending
Cost of goods manufactured
What is the cost of goods sold?
A. $118,500
B. $116,400
C. $85,600
D. $65,500
$ 0
50,900
25,300
7,600
0
20,100
85,600