Correct reply is $152,000. Cost of items bought (COGS) refers to the direct charges of producing the items offered by using a company.
This quantity consists of the fee of the materials and labor directly used to create the good. It excludes indirect expenses, such as distribution expenses and sales pressure costs.
The difference between these two strains is that the fee of goods bought includes solely the charges related with the manufacturing of your sold merchandise for the year, whilst your charges line consists of all your different charges of running the business.
Learn more about cost of goods sold here: