Cost Flow Relationships The following information is available for the first month of operations of Lane Inc., a manufacturer of mechanical pencils: Sales Gross profit Indirect labor Indirect materials Other factory overhead Materials purchased Total manufacturing costs for the period $432,180 251,960 93,780 46,890 14,260 133,110 248,500 17,720 Materials inventory, end of period Using the above information, determine the following: a. Cost of goods sold: b. Direct materials cost: c. Direct labor cost: Effect of Stock Split Audrey's Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Northwest. Audrey's Restaurant Corporation, which had 45,000 shares of common stock outstanding, declared a 2-for-1 stock split (1 additional shares for each share issued). a. What will be the number of shares outstanding after the split? shares b. If the common stock had a market price of $84 per share before the stock split, what would be an approximate market price per share after the split? per share