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5) All Rite Manufacturing reported the following: $160,000 26,000 156,000 Revenue Beginning inventory of direct materials, January 1, 2015 Purchases of direct materials Ending inventory

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5) All Rite Manufacturing reported the following: $160,000 26,000 156,000 Revenue Beginning inventory of direct materials, January 1, 2015 Purchases of direct materials Ending inventory of direct materials, December 31, 2015 Direct manufacturing labor Indirect manufacturing costs Beginning inventory of finished goods, January 1, 2015 Cost of goods manufactured Ending inventory of finished goods, December 31, 2015 Operating costs What is Leslie's cost of goods sold? $240,000 14,000 30,000 41,000 46,000 239,000 45,000 150,000 What is Leslie's gross margin? What is Leslie's operating income

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