The Finished Goods Inventory and Cost of Goods Sold for a Manufacturing

Multiple Choice

The Finished Goods Inventory and Cost of Goods Sold for a manufacturing company for the year 20xx are as follows: January 1 Finished Goods Inventory, $382,500; December 31 Finished Goods Inventory, $270,000; Cost of Goods Sold for the year, $1,522,000. The cost of goods manufactured for the year was

A) $1,139,500.
B) $644,500.
C) $1,184,500.
D) $1,409,500.