Dolan Company's Accounting Records Reflect the Following Inventories During 2013, $600,000 of Raw Materials Were Purchased, Direct Labor

Multiple Choice

Dolan Company's accounting records reflect the following inventories: $\begin{array}{lrr}&\text { Dec. } 31,2013&\text { Dec. } 31,2012\\\text { Raw materials inventory } & \$ 310,000 & \$ 260,000 \\\text { Work in process inventory } & 300,000 & 160,000 \\\text { Finished goods inventory } & 190,000 & 150,000\end{array}$ During 2013, $600,000 of raw materials were purchased, direct labor costs amounted to $500,000, and manufacturing overhead incurred was $480,000.
-If Dolan Company's cost of goods manufactured for 2013 amounted to $1,390,000, its cost of goods sold for the year is

A) $1,500,000.
B) $1,250,000.
C) $1,350,000.
D) $1,430,000.