GoCo worked on the following brojects in the current year. The head 145 of costs. The following cost information is valtatie call materials and meet formations to dret costo Customer Materials Requisitions Time Tickets Job Status at end Lion $125.000 $265.000 Completed, not sold clyde 5368.000 $425.500 Completed & sold ML $55.000 548,500 Incomplete Required: Answer the following a-e requirements in the space provided below. Show your world a) Determine the total cost of each project. b) Calculate the cost of goods manufactured (completed) for the period c) Determine the amounts of each of the following at the end of the period 1. Work in Process: 2. Finished Goods: 3. Cost of Goods Sold: d) Gold Co, determines sales prices by adding 45% markup onto the cost of each project Calculate the sales price for each project Gold sold during the period. Calculate the resulting gross profit Xtratio) for the year (Hint-markup % and gross pront ratio are not the same thing!). c) Given the costs determined in Part 1 and using what you know about various types of production, what product might Gold be producing? Hint-there are a large number of correct answers possible but you must think logically