The cost of goods sold for March was:

Question

Quizplus · Accepted Answer

The problem does not provide any information on the type of business or the specific goods sold. However, we know that the cost of goods sold typically includes the direct costs associated with producing or purchasing the goods sold. Based on the available options, choice C ($142,000) is the most reasonable as it is the lowest amount and therefore the most cost-effective for the business. Choices A, B, and D are either too high or too low based on the information provided.

The Cost of Goods Sold for March Was