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[The following information applies to the questions displayed below.]
The following information has been taken from the perpetual inventory system of Elite Mfg.Co.for the month ended August 31:
[The following information applies to the questions displayed below.] The following information has been taken from the perpetual inventory system of Elite Mfg.Co.for the month ended August 31:      -The cost of goods sold in August is: A) $75,000. B) $17,000. C) $135,000. D) Some other amount. [The following information applies to the questions displayed below.] The following information has been taken from the perpetual inventory system of Elite Mfg.Co.for the month ended August 31:      -The cost of goods sold in August is: A) $75,000. B) $17,000. C) $135,000. D) Some other amount.
-The cost of goods sold in August is:


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