. Ryde and Rowe Inc. had the following account balances as of January 1 Direct Materials Inventory Work in Process Inventory Finished Goods Inventory Manufacturing Overhead 8, 700 76, 500 53,000 0 During the month of January, all of the following occurred. 1. Direct labor costs were $44,000 for 1,800 hours worked. 2. Direct materials costing $28,000 and indirect materials costing $5,200 were purchased. 3. Sales commissions of $17,500 were earned by the sales force 4. $24,000 worth of direct materials were used in production. 5. Advertising costs of $6,300 were incurred. 6. Factory supervisors earned salaries of $10,858 7. Indirect labor costs for the month were $3,000. 8. Monthly depreciation on factory equipment was $4,500. 9. Utilities expense of $5,960 was incurred in the factory 10. Equipment with manufacturing costs of $69,000 were transferred to finished goods. 11. Monthly insurance costs for the factory were $4,200 12. $5,000 in property taxes on the factory were incurred and paid. 13. Equipment with manufacturing costs of $92.226 were sold for $167,683 Required: a. If Ryde and Rowe assigns manufacturin and Finished Goods Inventory accounts at the end of January? b. As of J c. What was Ryde and Rowe's operating income for January? g overhead of $34,400, what will be the balances in the Direct Materials, Work in Process, anuary 31, what will be the balance in the Manufacturing Overhead account