Hardigan Manufacturing Company Reported the Following Year-End Information: Beginning Work

Multiple Choice

Hardigan Manufacturing Company reported the following year-end information: beginning work in process inventory, $80,000; cost of goods manufactured, $980,000; beginning finished goods inventory, $50,000; ending work in process inventory, $70,000; and ending finished goods inventory, $40,000.How much is Haridgan's cost of goods sold for the year?

A) $980,000
B) $990,000
C) $970,000
D) $1,000,000