2 pts X Here is some basic data for Company A: $420,000 Cost of goods manufactured for the period WIP Inventory, beginning WIP Inventory, ending Direct materials used: Manufacturing overhead allocated: $100,000 $120,000 $50,000 at 70% of the direct labor cost What was the amount of direct labor costs? O $229,412 $224,500 O $330,126 O $243,750 Question 23 2 pts Pink Ribbon Shoppe, a clothing retailer, had the following total costs as grouped by value chain element: Research and development Design Purchases Marketing Distribution Customer service $53,000 $17,000 $72,000 $42,000 $58,000 $35,000 What were the company's period costs? $205,000 O $100,000 O $277,000 O $135,000 2 pts Porches, Inc. sells lawn furniture. Selected financial information for the most recent year is as follows: Beginning merchandise inventory on January 1 was $33,000. Ending merchandise inventory on December 31 was $35,000. Purchases during the year were $92,000. Selling and administrative expenses were $75,000. Sales for year were $262,000. What was operating income for the year? $90,000 $93,000 O $95,000 O $97,000 2 pts Furches, Inc. sells lawn furniture. Selected financial information for the most recent year follows. x Beginning merchandise inventory on January 1 was $33,000. Ending merchandise inventory on December 31 was $35.000 Purchases during the year were $92,000. Selling and administrative expenses were $75,000. Sales for year were $262,000. What was cost of goods sold? O $90,000 $95,000 $94,000 O $160,000 O pts