5. (23 points) The following information pertains to Bear Corporation for March 2022: Variable factory overhead Selling and administrative expenses Direct materials purchases Fixed factory overhead Sales revenue Direct labor Direct materials Work in process Finished goods $100,000 110,000 140,000 70,000 800,000 180,000 Inventories March 1 March 31 $30,000 $37,000 40,000 43,000 20,000 25,000 Calculate the following assuming there are no income taxes: a. Direct materials used 133000 b. Cost of goods manufactured 2110000 c. Cost of goods sold d. Net income 700000 e. Conversion costs 247000 f. Prime costs. 320000 +8 -15