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Edit View History Bookmarks Tools Window Help onnect | | a Search Quiz 2/10 Total points ewn The following Information relates to the operations of Cruz Manufacturing during the current year: Raw materials used Direct labor wages Sales salaries and commissions Depreciation on production equipment Rent on manufacturing facilities Packaging and shipping supplies Sales revenue Units produced and sold Selling price per unit $ 9,800 29,800 24, 800 1,980 14,800 2,980 94,800 9,800 11.00 s awarded Based on this information, what is the company's cost of goods sold? (Do not round intermediate calculations-) Multiple Choice ) $84360 MacBook Pro 20

Explanation / Answer

Cost of goods sold = Materials cost + Labor costs + Overhead costs

Cost of goods sold = $9,800 + $29,800 + ($1,980 + $14,800)

Cost of goods sold = $56,380

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