Information obtained from Blue Heron, Inc.’s accounts on December 31 included:
|
2010 |
2009 |
|
|
Raw materials inventory |
$22,000 |
$18,000 |
|
Work in process inventory |
38,000 |
26,000 |
|
Finished goods inventory |
66,000 |
84,000 |
|
|
|
|
|
For the |
||
|
Year Ended |
||
|
December |
||
|
31, 2010 |
||
|
Sales |
$420,000 |
|
|
Depreciation, factory |
24,000 |
|
|
Direct labor costs |
76,000 |
|
|
Sales |
88,000 |
|
|
Depreciation, factory |
20,000 |
|
The cost of goods sold for Blue Heron, Inc., in 2010 was
a. $154,000.
b. $190,000.
c. $198,000.
d. $210,000.
e. $214,000.