Computation of cost of sales

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Computation of Cost of sales at given level of finished inventory.

Domo Corporation reported the following data (in dollars):

            Inventories:                             Begin     End

            Raw materials                         30,000 34,000

            Work in process                      23,000 22,000

Finished goods                        32,000 35,000

If the company transferred $222,000 of completed goods from work in process to finished goods inventory during September, what was the cost of goods sold for the month?

  A) $219,000

  B) $225,000

  C) $222,000

  D) $221,000

Reference no: EM1315824

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