Q2. Standford Corporation has provided the following data for the month of February Sales. $280,000 Raw materials purchases.. $76,000 Direct labor cost .... $42.000 Manufacturing overhead. $77,000 Selling expense $20,000 Administrative expense.. $35,000 Inventories: Beginning Ending Raw materials..... $22,000 $33,000 Work in process.. $15,000 $23,000 Finished goods.... $52,000 $43,000 Required: a. Prepare a Schedule of Cost of Goods Manufactured for February. b. Prepare an Income Statement in for February. C. What is 'mixed costs'? Give three examples of mixed costs d. Define 'period costs'. Provide three examples of mixed costs