Active Apparel Company Reports the Following Data for Its First

Multiple Choice

Active Apparel Company reports the following data for its first year of operation. $$\begin{array} { | l | r | } \hline \text { Cost of goods manufactured } & \$ 500,000 \\\hline \text { Work in process inventory, bepinging } & 0 \\\hline \text { Work in process inventory, ending } & 120,000 \\\hline \text { Direct materials used } & 85,000 \\\hline \text { Manufacturing overhead } & 100,000 \\\hline \text { Finished goods inventory, ending } & 72,000 \\\hline\end{array}$$
- What is the cost of goods sold?

A) $500,000
B) $428,000
C) $685,000
D) $548,000