The Following Information Relates to Cruz Manufacturing for 2013 Based on This Information, What Is the Company's Cost of

question 124

Multiple Choice

The following information relates to Cruz Manufacturing for 2013: $$\begin{array} { l c r } \text { Raw materials used } & \$ & 20,000 \\\text { Direet hbor wages } & & 60,000 \\\text { Sales salaries and commissions } & & 50,000 \\\text { Depreciation on producticn equipment } & & 4,000 \\\text { Rent on manufacturing facilities } & & 30,000 \\\text { Packaging and shipping supplies } & & 6,000 \\\text { Sales revenue } & & 190,000 \\\text { Unis produced and sold } & & 10,000 \\\text { Selling price per unit } & \$ & 20.00\end{array}$$ Based on this information, what is the company's cost of goods sold for 2013?

• A) $86,000
• B) $120,000
• C) $114,000
• D) $170,000

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