2.03.2 Cost of Goods Sold (1)

Question 問題
The FX Partnership manufactures garden hoses for sale. In the month of January, its sales were $80,000. During that month, the partnership had:
  Beginning inventory, January 1 -- $0
  Raw materials purchased January 1 -- $35,000
  Raw materials shipping costs -- $1,585
  Direct labor (production) -- $27,000
  Factory overhead -- $6,000
  Ending inventory, January 31 -- $10,000
What is the cost of goods sold for the FX Partnership for the month of January?

A. $58,000

B. $59,585

C. $69,585

D. $53,585

The correct answer is 正解は、[B. $59,585]
= $35,000 + $1,585 + $27,000 + $6,000 - $10,000