Correct numbers

10/1/12- 28,00- 50,000- 29,000

10/31/12- 25,000- 55,000- 22,000

Incurred manufacturing overhead totaling $151,000

Jean-Pierre, Inc. makes and sells Fakes. Manufacturing Overhead is applied based on Direct Labor (DL) Hours incurred. - Expected DL Hours for October 2022 - 1,800 DL Hours - Expected Overhead for October 2022$144,000 Beginning and ending inventory balances for October: During October of 2022: - Jean-Pierre, Inc. purchased $55,000 of Materials - Incurred \$57,350 of Direct Labor (1,850 DL Hours @ \$31 per DL Hour) - Incurred Manufacturing Overhead totaling $147,000 Required: - What is Cost of Goods Manufactured for October 2022? - What is Cost of Goods Sold for October 2022 before closing any over/under applied overhead to COGS? - What is COGS if any over/under applied overhead is closed to COGS? - What is Jean-Pierre, Inc.'s October gross profit if they sold the finished Fakes for $350,000