5. (23 points) The following information pertains to Bear Corporation for March 2022: Selling and administrative expenses Variable factory overhead Direct materials purchases Fixed factory overhead Sales revenue Direct labor Direct materials Beg Work in process Finished goods $100,000 110,000 140,000 70,000 800,000 180,000 Inventories March 1 March 31 $30,000 7,000 $37,000 end 40,000 3,000 43,000 20,000 5,000 25,000 Calculate the following assuming there are no income taxes: a. Direct materials used 133,000 b. Cost of goods manufactured 10,000 c. Cost of goods sold 405,000 d. Net income 95,000, e. Conversion costs 360,000 f. Prime costs 313,000 +21 -2