answer the following question

Production in 2020 was 115,000 units. Two pounds of direct materials are used to make one unit of finished product. Revenues in 2020 were 540,000. The selling price per unit and the purchase price per pound of direct materials were stable throughout the year. The companys ending inventory of finished goods is carried at the average unit manufacturing cost for 2020. On December 31, 2020, finished-goods inventory was 15,400.

a Calculate direct materials inventory, total cost, December 31, 2020

b Calculate finished-goods inventory, total units, December 31, 2020.

c Calculate the selling price in 2020.

d. Calculate the operating income for 2020.

2-46 Comprehensive problem on unit costs, product costs. A UK-based company Office Essentials manufactures and sells metal shelving. It began operations on January 1, 2020. Costs incurred for 2020 are as follows ( V stands for variable; F stands for fixed): Variable manufacturing costs are variable with respect to units produced. Variable marketing, distribution, and customer-service costs are variable with respect to units sold. Inventory data are as follows