The records for the previous year for Sarasota Boat Builders, Inc., shows the following data: Selling and administrative expenses $300,000 Direct materials used 530,000 Direct labor (100,000 hours)...

The records for the previous year for Sarasota Boat Builders, Inc., shows the following data: Selling and administrative expenses $300,000 Direct materials used 530,000 Direct labor (100,000 hours) 600,000 Factory overhead application rate $5 per DLH Inventories Ending Beginning $150,000 Work in process $160,000 80,000 50,000 Finished goods The cost of goods sold is $1,630,000 $1.880,000. $1,600,000. $1,650,000