1. 2. Sales: 31,190 units, unit selling price $90. Cost of one unit of finished goods: direct materials 1 pound at $5 per pound, direct labor 3 hours at $12 per hour, and manufacturing overhead $6 per direct labor hour. Inventories (raw materials only): beginning, 10,180 pounds; ending, 15,410 pounds. Selling and administrative expenses: $170,000; interest expense: $30,000. Income taxes: 20% of income before income taxes. 3. 4. 5. (a) Prepare a schedule showing the computation of cost of goods sold for 2022. ORIOLE COMPANY Computation of Cost of Goods Sold Cost of one unit of finished goods: Direct materials $ Direct labor Manufacturing overhead Total $ $