Question: Yahoo Company Ltd. for the year ended has the following figures- $16,000 $14,000 $21,000 Finished goods Inventory, Beginning Finished goods Inventory, ending Depreciation, factory Administrative expenses Utilities, factory Maintenance, factory Supplies, factory Insurance, factory Purchase of raw materials Raw materials inventory, beginning Raw materials inventory, ending Direct labor Indirect labor Work in progress, beginning Work in progress inventory, ending Sales Selling expenses $45.000 $12.000 $26.000 $6,000 $7,000 $72,000 $5,000 $8,000 $61,000 $32,000 $13,000 $14.000 $355,000 $61,000 Required: Calculate: Total manufacturing cost| Cost of goods manufactured Cost of goods available for sale Cost of goods sold Income statement-Net operating income