(Choose 1 answer)
Gluth Corporation has provided the following data for the month of July. The beginning balance in the finished goods inventory account was USD56,000 and the ending balance was USD49,000. Sales totaled $290,000.Cost of goods manufactured was $147,000, selling expense was $17,000, and administrative expense was $68,000. The cost of goods sold for July was:
A. USD232,000
B. USD140,000
C. USD154,000
D. USD147,000
Exit 19
