Question Help The Fielding Company had the following data (In thousands) for a given period: Sales 870 190 There were no beginning or ending Inventorles. Requirement 1. Compute the (1) manufacturing cost of goods sold (2) gross profit, (3) operating income, and (4) conversion cost (total manufacturing cost less materials cost). Direct materials Direct labor 210 Indirect manufacturing costs 140 Selling and administrative expenses 120 (1) Determine the formula, then compute the manufacturing cost of goods sold. = Mfg. cost of goods sold (2) Determine the formula, then compute the gross profit Gross profit (3) Determine the formula, then compute the operating income Operating income (4) Determine the formula, then compute the conversion cost. Conversion cost