Question

Selected financial information for Greek Food Producers is presented in the following table (000s omitted). Beginning...

Selected financial information for Greek Food Producers is presented in the following table (000s omitted).

Beginning raw materials inventory $300
Ending raw materials inventory $200
Direct labor $250
Operating expenses $740
Direct materials used $500
Beginning work in process inventory $330
Ending work in process inventory $610
Sales revenue $4500
Manufacturing overhead $750
Beginning finished goods inventory $350
Ending finished goods inventory $280

What was cost of goods sold?

Group of answer choices

$1280

$1080

$750

$1290

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Answer #1

Ans: $1290

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