QUESTION 20 Attention, Ltd. provided the following information for the current period: Sales $491,200 Selling and Administrative expenses $88,300 Finished Goods Inventory, beginning balance $72,600 Finished Goods Inventory, ending balance $75,900 Cost of goods manufactured $212,900 o a Calculate the Gross Profit for the firm for the period. $186,700 ob. $193,300 -$278,300 d. -$281,600 e. $275,000 O C. QUESTION 21 A direct cost is a cost that is: a. Identifiable as controllable. b. Traceable to the company as a whole. C. Traceable to a single cost object. od. Traceable to multiple cost objects. oe. Does not change with the volume of activity