The Following Information Relates to the Operations of Cruz Manufacturing

Multiple Choice

The following information relates to the operations of Cruz Manufacturing during the current year: $\begin{array}{llr} \text { Raw materials used } &\$20,000\\ \text { Direct labor wages } &60,000\\ \text { Sales salaries and commissions } &50,000\\ \text { Depreciation on production equipment } &4,000\\ \text { Rent on manufacturing facilities } &30,000\\ \text {Packaging and shipping supplies } &6,000\\ \text { Sales revenue } &190,000\\ \text {Units produced and sold } &10,000\\ \text { Selling price per unit } &\$20.00\\\end{array}$
Based on this information, what is the company's cost of goods sold?

A) $86,000
B) $120,000
C) $114,000
D) $170,000