Rose Inc. had the following information for 2025, the compan…
Rose Inc. had the following information for 2025, the company’s first year of operations: Administrative expenses: $ 350 Direct materials used: $ 700 Selling expenses: $ 500 Direct labor used: $ 1,300 Manufacturing overhead costs: $ 900 If the company sold half of the inventory produced during 2025, what was the cost of goods sold for the year?