If the cost of goods manufactured is \(\mathrm{S} 152\), what is cost of goods sold?

a. \(S 154\)

b. \(S 153\)

c. \(S 152\)

d. \(S 150\)

Suppose a bakery reports this information (in thousands of dollars):

Transcribed Image Text:

Beginning materials inventory Ending materials inventory. Beginning work in process inventory. Ending work in process inventory Beginning finished goods inventory. Ending finished goods inventory.... Direct labor............. Purchases of direct materials Manufacturing overhead.............. S 6 5 2 1 3 5 30 100 20