28. Challenge Tennis & Recreations operating activities for the year are listed below beIvuicheses -Gcods Rua for sale $174,500 ins. Operating expenses 62,300 Beginning inventory 27.100 Ending inventory 37,200 Sales revenue What is the cost of goods available for sale? 333,100 A $174,500 29.Tall Timbers reports the folowing data for its first year of operation Work in process inventory, beginning $ Work in process inventory, ending 50,900 DIY.Le Manufacturing overhead Direct materials used Direct Labor Finished goods inventory, beginning Finished goods inventory, ending 20,000 Cost of goods manufactured 7,300 25,400 7800 cost 93,a00 60,000Morut 42,700 What is the cost a0, 300 Mc D$118,600 30. Manufacturing overhead is underallocated id the amount C A estimated for the period is greater than the actual amount incurred B.estimated for the period sclual amount incurred C allocated during the period is greater than the actual amount incurred D allocated during the period is less than the actual amount incurred is less than the C 31 The element in the value chain would contain inventoriable costs for a manufacturer research and development C design D distribution B 32. Manufacturers follow four steps to implement a manufacturing overhead allocation system. In the last step, the company estimates the total amount of manufacturing overhead costs for the year True aise