Concord Manufacturing Inc's accounting records reflect the following inventories: Dec 31 2021 Raw materials inventory...
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Concord Manufacturing Inc's accounting records reflect the following inventories: Dec 31 2021 Raw materials inventory Work in process inventory Finished goods inventory $100000 130000 124700 Dec. 31. 2022 $80900 144100 115400 During 2022, Concord purchased $950900 of raw materials, incurred direct labour costs of $125400, and incurred manufacturing overhead totalling $160400. Concord Manufacturing's cost of goods manufactured for 2022 amounted to $1241700. How much would it report as cost of goods sold for the year? O $1367100 O $1232400 O $1251000 O $1250800
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