QS $14-8($Algo$)$ Computing cost of goods sold for a manufacturer LO P$1$

Compute cost of goods sold using the following information.

Finished goods inventory, beginning

Work in process inventory, beginning

Work in process inventory, ending

Cost of goods manufactured

Finished goods inventory, ending

Cost of Goods Sold is Computed as:

Cost of goods sold

$$378,000$

$85,000$

$77,100$

$961,300$

$307,000$