need help woth part C I got 4 parts wrong please provide the correct answer thank you

View Policies Show Attempt History Current Attempt in Progress James, the manager at Teal's Danishes, was excited to determine the company's profit this year. It was a break-out year for the company, especially after being selected to cater the World College Club Sports Athletes' Annual Meeting. The company was thrilled! The number and variety of danishes produced for that event alone doubled the company's sales for the year. James knew the total sales amount but had yet to determine the total COGS. He hoped that it would be low relative to sales. Here are the transactions and amounts James found when gathering information for his COGS calculation. ames was sure that not all of these amounts should be included in COGS but didn't know how to correctly sort them. (a) -(b) Your answer is correct. (a) Fill in the third column of the above chart by identifying whether each cost item should be initially recorded as an asset or as an expense. (b) Fill in the fourth column of the chart by recognizing, if eachitem is considered to be inventoriable (product) cost or not. Question 3 of 3 \begin{tabular}{l|l|l|} \hline Flour, eggs, sugar & 308,000 Asset & \\ \hline \end{tabular} Yes Depreciation on baking equipment and kitchen 43,000 Asset v Delivery expense Wages (baking employees) Research and development Utilities for bakery space Investment in mutual fund Cash proceeds from loan 385,000 Asset Yes Wages (indirect labor) Salaries (executives and office staff) - Your answer is partially correct. Beginning and ending balances for several accounts for Teal's Danishes are as follows. Prepare a schedule of COGM and COGS in good form. Utilize relevant information as needed. Question 3 of 3 Direct Labor v 42000 Total Manufacturing Costs Add : Beginning WiPInventory uestion 3 of 30.47/1: Investments 146,000214,000 Schedule of COGM \& COGS $48000 Uwilties $