Using the Information Below for Laurels Company;determine the Cost of Goods

question 132

Multiple Choice

Using the information below for Laurels Company;determine the cost of goods manufactured during the current year:

• A)$12,000.
• B)$16,100.
• C)$17,100.
• D)$18,100.
• E)$13,600.

---

Definitions:

Co-Pays

Fixed amounts paid by an insured person for covered health care services, usually due at the time of service.

Reception Desk

The area or desk where guests are greeted and attended to upon entering a facility like an office or hotel.

Receipts

Documents that acknowledge the receipt of a payment or goods.

Application Programs

Software designed to perform specific tasks for users, such as word processing or web browsing.