Lind Manufacturing had the following account balances as of January 1: I I During the month of January, all of the following occurred: 1. Direct labor costs were $48,000 for 1,800 hours worked. 2. Direct materials costing $27,000 and indirect materials costing $4,800 were purchased. 3. Sales commissions of $15,500 were earned by the sales force. 4. Direct materials of $22,000 were used in production. 5. Miscellaneous selling and administrative costs of $6,300 were incurred. 6. Factory supervisors earned salaries of $10,480. 7. Indirect labor costs for the month were $3,000. 8. Monthly depreciation on factory equipment was $4,500. 9. Monthly utilities expenses of $6,605 were incurred in the factory. 10. Completed units with manufacturing costs of $69,000 were transferred to finished goods. 11. Monthly insurance costs for the factory were $4,200. 12. Monthly property taxes on the factory of $5,000 were incurred and paid. 13. Units with manufacturing costs of $97,628 were sold for $177,505. A. If Lind assigns manufacturing overhead of $34,400, what will be the balances in the Direct Materials, Work in Process, and Finished Goods Inventory accounts at the end of January? B. As of January 31 , what will be the balance in the Manufacturing Overhead account? C. What was Lind's operating Income for January