TB MC Qu. 14-150 (Algo) Using the information below...

Using the information below, calculate cost of goods sold for the period:

Sales	$ 1,321,000
Selling expenses	256,000
Finished Goods Inventory, beginning	53,000
Finished Goods Inventory, ending	58,000
Cost of goods manufactured	557,000

Multiple Choice

• $808,000.

• $803,000.

• $513,000.

• $552,000.

• $397,000.