Find ivanhoe company cost of goods sold for the year is

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Problem 1: Ivanhoe Company reported the following year-end information: beginning work in process inventory, $230000; cost of goods manufactured, $866000; beginning finished goods inventory, $292000; ending work in process inventory, $270000; and ending finished goods inventory, $314000. Ivanhoe Company's cost of goods sold for the year is

Option 1: $826000.

Option 2: $888000.

Option 3: $844000.

Option 4: $552000.

Reference no: EM132984334

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