eBook Show Me How Calculator Cost Flow Relationships The following information is available for the first year of operations of Engle Inc, a manufacturer of fabricating equipment: Sales Gross profit Indirect labor Indirect materials Other factory overhead Materials purchased Total manufacturing costs for the period Materials inventory, end of period $1,051,400 283,900 94,600 38,900 17,900 536,200 1,160,700 38,900 Factory overhead was applied during the year Using the above information, determine the following missing amounts: 767,500V a. Cost of goods sold b. Direct materials cost c. Direct labor cost 458,400, v Foadback a. Sales minus the cost of goods sold equa's the gross proft b. Materiails purchased less the indrect matorials and ending materials inventory oqua's the direct matertals cost c. Direct materials + direct laborfactory mead equals he total manufachring oosts