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DQuestion 10 4 pts Beg. of Year End of Year Raw Materials Inventory Work in process inventory Finished goods inventory Purchases of DM Direct Labor Indirect Labor Insurance on plant Depreciation plant building and equipment Repairs and maintenance - plant Marketing expenses General & administrative expenses $26000 $31172 $35000 $32997 $14000 $28344 $73000 $40513 $40000 $10000 $12374 $4175 $76000 $27664 What is Cost of Goods Sold? (Be careful as values change with each attempt) (Input your answers without dollar signs or commas)

I posted this before I was given the wrong answer the wright answer is 162549.0 why?

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Beginning Work in Process Inventory Direct Materials: Beginning Raw Materials Inventory Purchases of Direct Materials Cost of Materials available for use Ending Raw Materials Inventory Cost of Direct Mater ials used in Production Direct Labor Factory Overhead: Indirect Labor Insurance on Plant Depreciation Expense-Plant Building and Equipment Repairs and Maintenance-Plant Total Factory Overhead Total Manufacturing Costs incurred during the year Total Manufacturing Costs Less: Ending Work in Process Inventory Cost of Goods Manufactured Add: Beginning Finished Goods Inventory Cost of Finished Goods available for sale Less: Ending Finished Goods Inventory Cost of Goods Sold 35000 26000 73000 99000 31172 67828 40513 40000 10000 12374 4175 66549 174890 209890 32997 176893 14000 190893 28344 162549

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