Chapter 15 Homework Note: All homework assignments must be submitted through the Blackboard course site Question 4: (1 point.) The following information relates to Abbott Company for June, 20XX. Cost of goods manufactured $90,000 Finished goods Inventory, June 1 30,000 Finished goods Inventory, June 30 40,000 Direct Labor cost 48,000 Factory overhead 25,000 Required: Calculate the cost of goods sold. When entering answers in Blackboard, omit $ signs