Hendrix & Franks Company Had the Following Beginning and Ending

Multiple Choice

Hendrix & Franks Company had the following beginning and ending inventory balances for the current year ended December 31:
In addition, direct labor costs of $33,000 were incurred, manufacturing overhead equaled $46,200, materials purchased were $29,700, and selling and administrative costs were $24,200.Hendrix & Franks Co.sold 27,500 units of product during the year at a sales price of $5.25 per unit.
- What was the amount of cost of goods sold for the year?

A) $102,000
B) $97,500
C) $117,150
D) $128,500