Given the Following Information,determine the Cost of Sales A) $485,500
B) $419,000
C) $353,500
D) $376,500

Multiple Choice

Given the following information,determine the cost of sales.
$$\begin{array} { | l | l | } \hline \text { Direct labour incurred } & \$ 61,000 \\\hline \text { Manufacturing overhead incurred } & 177,500 \\\hline \text { Direct materials used } & 151,000 \\\hline \text { Finished goods inventory, 1/1/2017 } & 198,000 \\\hline \text { Finished goods inventory, 31/12/2017 } & 221,000 \\\hline \text { Work in process inventory, } 1 / 1 / 2017 & 26,000 \\\hline \text { Work in process inventory, 31/12/2017 } & 109,000 \\\hline\end{array}$$

A) $485,500
B) $419,000
C) $353,500
D) $376,500