Given the Following Data What Is the Cost of Goods Sold?
A) $152,000
B)

question 177

Multiple Choice

Given the following data:?? $\begin{array}{lr}\text { Cost of materials used } & \$ 45,000 \\\text { Direct labor costs } & 48,000 \\\text { Factory overhead } & 39,000 \\\text { Work in process, beginning } & 28,000 \\\text { Work in process, ending } & 18,000 \\\text { Finished goods, beginning } & 28,000 \\\text { Finished goods, ending } & 18,000\end{array}$ What is the cost of goods sold?

• A) $152,000
• B) $142,000
• C) $10,000
• D) $128,000

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Definitions:

Competitive Environment

A market scenario where businesses vie against each other to secure customers and achieve a higher market share.

Manager-Led Teams

Teams that are directly supervised and guided by a manager who oversees their projects and tasks.

Internal Processes

The operations and procedures within an organization that are not exposed to the external environment, often relating to decision-making, planning, and internal communication.

Defining Characteristics

Defining Characteristics are the unique qualities or features that distinguish a person, object, or concept from others.