Franklin Street Manufacturing Franklin Street Manufacturing has the following cost information available for 2011: Direct materials used $10,000 Direct labor costs 25,000 Factory overhead 20,000 Marketing expenses 4,000 Administrative expenses 6,000 20,000 units were produced during the year out of which 19,000 units were sold for $10 each. Refer to the Franklin Street Manufacturing information
above. What is cost of goods sold for 2011?
A) $55,000
B) $52,250
C) $61,750
D) $65,000
B
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