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Item 46 Item 46 Calculate the cost of goods sold using the following information: Direct materials...

Item 46 Item 46 Calculate the cost of goods sold using the following information: Direct materials $ 299,900 Direct labor 133,400 Factory overhead costs 265,400 General and administrative expenses 86,900 Selling expenses 50,200 Work in Process inventory, January 1 119,900 Work in Process inventory, December 31 127,300 Finished goods inventory, January 1 233,500 Finished goods inventory, December 31 240,100 Multiple Choice $706,100. $778,200. $698,700. $691,300. $684,700.

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