PAC-12 Co. had the following beginning and ending inventory balances for the year ended December 31 2016: In addition, direct labor costs of exist44,000 were incurred, overhead equaled exist39,000, materials purchased were exist27,000 and selling and administrative costs were exist46,000. ACC Co. sold 13,000 units of product during the year at a sales price of exist9.33 per unit. Refer to Figure 13-5. What was the amount of cost of goods sold for the year? a. exist92,000 b. exist89,000 c. exist94,000 d. exist87,000 Refer to Figure 13-5. What were the total manufacturing costs for the year? a. exist149,000 b. exist103,000 c. exist106,000 d. exist87,000