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ons of Cv Company had the following inventory balances: March 1 March 31 Raw Materials...

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Accounting

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ons of Cv Company had the following inventory balances: March 1 March 31 Raw Materials $12,000 $10,000 Work in Process 7,000 6,000 Finished Goods 22,000 30.000 Question 6 2 pts If CV transferred $38,000 of completed goods from work in process to finished goods during March, what was the amount of the cost of goods sold? O $43,000 $30,000 O $38,000 O $46,000 If CV transferred $38,000 of completed goods from work in process to finished goods during March, what was the amount of the cost of goods sold? O $43.000 0 $30,000 O $38,000 O $46.000 Question 7 2 pts If CV purchased $18,000 of direct materials during March, the cost of direct materials used in production must be $16.000. $19,000. $41,000 O $20.000

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