Cost Flow Relationships The following information is available for the first month of operations of Makin' It Inc., a manufacturer of arts and craft items: Sales $256,950 Gross profit 149,800 Indirect labor 55,760 Indirect materials 27,880 Other factory overhead 8,480 Materials purchased 79,140 Total manufacturing costs for the period 147,750 Materials inventory, end of period 10,530 Using the above information, determine the following: a. Cost of goods sold: b. Direct materials cost: bli c. Direct labor cost