i mainly just dont understand if the 109000 belongs there or if total operating expenses is in the right spot since it is a credit.

Outdoor Amenities is a manufacturer of backyard and deck furniture. Its products are in high demand and it carries no inventory. Following is a list of selected account balances from its trial balance for the most recent year ended December 31 (in no particular order.) Click the icon to view the December 31 account balances.) Read the requirements 12 of 20 (14 complete) This Test 6 December 31 Account Balances It of s manufad alance id niew the Salaries and wages (for administrative and sales staff) . Stain (used in manufacturing furniture) Indirect labor costs (wages of maintenance workers in factory)...... Other manufacturing overhead (includes factory insurance and property taxes) .. $ Rent and utilities (for administrative offices)........... Liitu cocte related to facto 37,400 12,700 21,300 9,800 12,000 11.200 For the it or enter a Print Done f December 31 Account Balances enities is a manufad om its trial balance id the icon to view the D equirements Utility costs (related to factory) Labor costs (wages of carpenters who build furniture) Accounts receivable Marketing costs............. Wood (used in manufacturing furniture) Sales revenues 11,200 36,900 27,100 17,300 57,800 255,000 .....................$ For the rom any list or enter a 0 December 31 Account Balances It of se sa manufad al balanced to view the ents Labor costs (wages of carpenters who build furniture) Accounts receivable Marketing costs ............ ... Wood (used in manufacturing furniture) Sales revenues 36,900 27.100 17,300 57,800 255,000 7,100 For the Accounts payable.... list or entera backyard and deck furniture. Its products are in high demand and it carries no inventory Requirements Using the income statement accounts in the table, calculate: 1. Cost of goods sold. Hint: Cost of goods sold can be calculated by summing the total product costs since there is no inventory. 2. Operating expenses. Hint: Operating expenses are the company's period costs. 3. Gross profit Operating income 2 Outdoor Amenities is a manufacturer of backyard and deck furniture. Its products are in high dem balances from its trial balance for the most recent year ended December 31 (in no particular order (Click the icon to view the December 31 account balances.) Read the requirements. For we rear nueu December 31 Sales revenue Less: Operating expenses Salaries and wages 37400 255000 Choose from any list or enter any number in the input fields and then continue to the next questi Previous tdoor Amenities is a manufacturer of backyard and deck furniture. Its products are in high demand ances from its trial balance for the most recent year ended December 31 (in no particular order.) (Click the icon to view the December 31 account balances.) Read the requirements. 21300 Indirect labor costs Rent and utilities Marketing costs 12000 17300 Choose from any list or enter any number in the input fields and then continue to the next question. Previous 10 2TQUO Question: 11 pts ( 12 of 20 (18 complete) wutdoor Amenities is a manufacturer of backyard and deck furniture. Its products are in high demand alances from its trial balance for the most recent year ended December 31 (in no particular order.) (Click the icon to view the December 31 account balances.) Read the requirements Other manufacturing overhead 9800 Utility costs 11200 Total operating expenses 109000 Onoratininenme 1460 Choose from any list or enter any number in the input fields and then continue to the next question. Previous Outdoor Amenities is a manufacturer of backyard and deck furniture. Its products are in high de balances from its trial balance for the most recent year ended December 31 (in no particular ora ER (Click the icon to view the December 31 account balances.) Read the requirements. Operating income Less: Cost of goods sold Stain 146000 Labor costs 12700 36900 Choose from any list or enter any number in the input fields and then continue to the next quest Previous This Question: 11 pts 12 of 20 (18 con Outdoor Amenities is a manufacturer of backyard and deck furniture. Its products are in high balances from its trial balance for the most recent year ended December 31 (in no particular (Click the icon to view the December 31 account balances.) Read the requirements. 57800 Wood Total cost of goods sold Gross profit 107400 386000 Choose from any list or enter any number in the input fields and then continue to the next que Previous