Answer:
$120,000
Explanation:
Step 1 Prepare a Cost of Manufacturing Schedule
Materials ($50000-$6,000)                              $44,000
Various utility and rent charges on factory       $15,000
Salaries and Wages                                           $60,000
Other Costs(Balancing figure)                           $35,000
Less Work in Process                                       ($24,000)
Cost of Goods Manufactured                           $120,000
Step 2 Prepare a cost of Goods Sold Schedule
Opening  inventory in Finished Goods             $10,000
Add Cost of Goods Manufactured                  $120,000
Less Closing  inventory in Finished Goods      ($5,000)
Cost of Goods Sold                                          $125,000