Hulk Company reports the following 2011 2012 Sales $300,000 $360,000 Cost of goods sold $75,000 $90,000 Based upon this information which of the follo...

Hulk Company reports the following 20112012Sales$300,000$360,000Cost of goods sold$75,000$90,000Based upon this information which of the following is most correct: A)Cost of goods sold is an operating cost B)Cost of goods sold is an economic cost C)Cost of goods sold is a variable cost D)Cost of goods sold is a fixed cost