52. LO.7 (CGM; CGS) Flex-Em began business in July 2013. The firm makes an exercise machine for home and gym use. Following are data taken from the firm's accounting records that pertain to its first month of operations. Direct material purchased on account Direct material issued to production Direct labor payroll accrued Indirect labor payroll paid Factory insurance expired $900,000 126,800 40,600 6,000 17,800 230,300 51,000 97,500 1,040,000 Factory depreciation recorded Ending work in process inventory Ending finished goods inventory (30 units) Sales on account ($5,200 per unit) a. How many units did the company sell in July 2013 b. Prepare a schedule of cost of goods manufactured for July 2013 c. How many units were completed in July d. What was the per-unit cost of goods manufactured for the month? e. What was the cost of goods sold in the first month of operations? f. What was the gross margin for July 2013