9. Given Sales 1,300,000 Direct materials purchased 220,000 Direct labour 250,000 Variable manufacturing overhead 100,000 Fixed manufacturing overhead 200,000 Selling and administrative costs (all fixed) 500,000 Opening work in process inventory 100,000 Closing work in process inventory 175,000 Opening finished goods inventory 110,000 Closing finished goods inventory 90,000 Opening raw materials inventory ( all DM) 90,000 Closing raw materials inventory ( all DM) 20,000 What are the total manufacturing costs for the period? What is the cost of goods manufactured? What is the cost of goods sold? What is the gross profit? What is net profit (loss)