Gulick Company developed the following data for the current year: Beginning work in process inventory Direct materials used Actual overhead Overhead applied Cost of goods manufactured Total manufacturing costs $160,000 96,000 192,000 144,000 176,000 480,000 Gulick Company's ending work in process inventory is $464,000. $320,000. $304,000. $144,000. Wright Company reports production costs for 2009 as follows: Direct materials used Direct labor incurred Manufacturing overhead incurred Operating expenses $375,000 $250,000 $400,000 $145,000 How much are Wright Company's period costs for 2009? $250,000 $575,000 $145,000 $375,000 The following is a summary of information presented on the income statement of HR Flowers for December 31, 2007. Account Net sales revenue Cost of goods sold Gross profit Selling and general expenses Net income before income tax expense Income tax expense Net income 2007 $487,000 330,000 157,000 70 000 87,000 24 000 $63.000 100.00% 67.76% 32 24% 1437% 17.86% 4.93% 1294% 2006 $500,000 395,000 105,000 50 000 55,000 16,500 $38500 What would vertical analysis report with respect to 2007 net sales revenue? Vertical analysis would report cost of goods sold as 79.19% of net sales revenue. Vertical analysis would report a dividend yield of $8.20. Vertical analysis would report net sales revenue as the 100% base amount. Vertical analysis would report a 2.60% decrease in net sales revenue