Total manufacturing Costs: $530,000
WIP inventory Jan 1 56,000
WIP inventory Dec 31 78,000
FG inventory Jan 1 146,000
FG inventory Dec 31 123,000
The accounting records of Dolphin Company revealed the following information:
Dolphin's cost of goods sold is:
A. $508,000.
B. $529,000.
C. $531,000.
D. $553,000.
E. some other amount.