DS-80592 company provided the following data for the end of the year (all raw materials are used in production as direct materials): Selling expenses Purchases of raw materials Direct labor Administrative expenses Manufacturing overhead applied to work in process Actual manufacturing overhead cost $ 214,000 $ 263,000 $ 20,000 $ 156,000 $368,000 $ 348,000 Inventory balances at the beginning and end of the year were as follows: Raw materials Work in process Finished goods Beginning End of of Year Year $ 60,000 $ 38,000 $ 25,000 $ 33,000 $ 44,000 For the year, the cost of goods available for sale was $724,000 and the net operating Income as reported in its Income statement Income was $41,000. The DS-80592 company's underapplied or overapplied overhead was closed to Cost of Goods Sold. How much was the DS-80592 company's sales revenue for the year? rev: 11_05_2018_QC_CS-146504 Multiple Choice $1,067,000 $1,063,000 $1,059,000 $1.071,000 The income statement for the RUN-12227 company, an atletic shoe retailer, for the first quarter of the year is presented below: RUN-12227 Income Statement $316,800 125,400 191,400 Sales Cost of goods sold Gross margin Selling and administrative expenses Selling Administration Net operating income $113,800 48,008 161,898 $ 29,592 On average, an athletic shoe sells for $96. Variable selling expenses are $26 per athletic shoe, and the remaining selling expenses are fixed. The variable administrative expenses are 6% of sales with the remainder being fixed. How much is the total contribution margin for RUN-12227 for the first quarter? Multiple Choice o $297792 $86,592 $211,992 o $231,000