Cost Flow Relationships The following information is available for the first year of operations of Idgie Inc., a manufacturer of fabricating equipment: Sales $967,500 Gross profit 261,200 Indirect labor 87,100 Indirect materials 35,800 Other factory overhead 16,400 Materials purchased 493,400 Total manufacturing costs for the period 1,068,100 Materials inventory, end of period 35,800 Using the above information, determine the following amounts: a. Cost of goods sold b. Direct materials cost c. Direct labor cost $

Cost Flow Relationships The following information is available for the first year of operations of Idgie Inc., a manufacturer of fabricating equipment: Using the above information, determine the following amounts