Bartlow Company has supplied the following information from its accounting records for the month of

May:

Required:

Solve for the missing amounts. $($Solve for WIP at $5/1$ first, then Gross Margin, then Sales Revenue$).$

Enter all amounts as positive numbers.

Direct labor cost $$11,500$

Purchases of raw materials $20,000$

Factory depreciation $7,500$

Advertising $10,000$

Factory property taxes $6,500$

Materials inventory, $5/11,250$

Materials inventory, $5/312,500$

Work$-$in$-$process Inventory, $5/1$ fill in the blank $1$

Work$-$in$-$process Inventory, $5/311,500$

Cost of goods manufactured $45,850$

Sales revenue fill in the blank $2$

Executive salary cost $25,000$

Finished goods inventory, $5/15,500$

Finished goods inventory, $5/314,250$

Operating Income $67,900$

Gross Margin fill in the blank $3$