QUESTION 1 Company XYZ produces product A, and following are the company's May 2020 financial information: $7,600 BB finished goods CGS Direct material Conversion cost Overhead BB WIP $18.200 S49,300 $17,200 $5,600 $4.200 S72.200 S112.000 Sales Expenses $18,000 EB WIP a. What was the direct labor cost in May 2020? b. What was the prime cost in May 2020? c. What was the cost of goods manufactured in May 20207 d. What was the ending balance of finished goods in May 20207 e. What was the gross profit in May 20207 1. What was the net income in May 2020? Attach File Browse My Computer Browse Content Collection