The Following Information Was Extracted from the Accounting Records of Lowe

Multiple Choice

The following information was extracted from the accounting records of Lowe Company: $$\begin{array} { l r } \text { Direct materials purchased } & \$ 80,000 \\\text { Direct material s used } & 76,000 \\\text { Direct manufacturing labor costs } & 10,000 \\\text { Indirect manufacturing labor costs } & 12,000 \\\text { Sales sal aries } & 14,000 \\\text { Other factory expenses } & 22,000 \\\text { Selling and administrative expenses } & 20,000\end{array}$$ The finished goods inventory was $0 at the beginning of the period and $30,000 at the end of the period.The cost of goods sold is _____.

A) $90,000
B) $113,000
C) $139,000
D) $147,000