A schedule of cost of goods manufactured has the following main sections: Finished goods inventory, beginning balance: $1,000
Finish goods inventory, ending balance: $1,200
Cost of goods manufactured $5000

The cost of goods sold is:

$4,800

Explanation:

The formula for the cost of goods sold is;

= Opening finished goods + Cost of goods manufactured - Closing finished goods

= 1,000 + 5,000 - 1,200

= $4,800

there was no passage listed but using the process of elimination i'd say it was d. the high economy would do the opposite. i don't see how low prices would affect it. high unemployment is possible but i feel d is the better answer.