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At the beginning of 2012, Conway Manufacturing Company had the following account e balances: WIP Inventory FG Inventory Manufacturing OH 2,000 8.000 During the year,

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At the beginning of 2012, Conway Manufacturing Company had the following account e balances: WIP Inventory FG Inventory Manufacturing OH 2,000 8.000 During the year, the following transactions took place: wil Direct materials placed in production: $80.000 Direct labor incurred: $190.000 Manufacturing overhead incurred $300.000 erh Manufacturing overhead allocated to production: $295.000 ed 7. 1 16 1 15 174 1 13. 1 12 . 1 17 . 110. 19 . 1 8 . 17 . 16 . 15 Cost of Jobs Completed $500.000 Selling Price of Jobs Sold $750,000 Cost of Jobs Sold 5440.000 As a result of these transactions, how much gross profit will Conway report? Select one: of a. $305,000 erhe b. $310,000 man c. $515,000 ver is d. $345,000

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