The Records for the Previous Year for Sarasota Boat Builders

The records for the previous year for Sarasota Boat Builders, Inc., shows the following data: $$\begin{array} { l r r } \text { Selling and administrative expenses } & \$ 300,000 \\\text { Direct materials used } & 530,000 \\\text { Direct labor (100,000 hours) } & 600,000 \\\text { Factory overhead application rate } & \$ 5 \text { per DLH } \\\end{array}$$


$\text { Inventories }$
$\begin{array}{lrr}&\text { Beginining } & \text { Ending }\\\hline\text { Work in process } & \$ 150,000 & \$ 160,000 \\\text { Finished goods } & 80,000 & 50,000\end{array}$
The cost of goods sold is

A) $1,630,000.
B) $1,880,000.
C) $1,600,000.
D) $1,650,000.