Harrison Company reports the following cost information for August: Cost of goods manufactured Finished goods inventory, Aug. 1 Finished goods inventory, Aug. 31 Work in process inventory, Aug. 1 Work in process inventory, Aug 31 Direct materials used $135,800 30,200 35,300 22500 18,500 25,300 Direct labor incurred in August amounted to 150% of manufacturing overhead in August What is cost of goods sold for August? $154,500 $125,100 $130,700 O $139,800 ESTION 4 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% 3224% 14.37% 17.86% 4.93% 1294% 2006 $500,000 395,000 105,000 50.000 55,000 16,500 $38.500 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. OOO