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The following information is available for Company X for the year recently completed: Sales $ 112,000 Cash receipts 122,000 Direct materials used 18,200 Conversion cost

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The following information is available for Company X for the year recently completed: Sales $ 112,000 Cash receipts 122,000 Direct materials used 18,200 Conversion cost 49,300 Mfg, overhead (actual) 17,200 Beg work in process 5,600 End. Work in process 4,200 Beg. Finished goods 7,600 Cost of goods sold 72,200 Operating expenses 18,000 Determine the following amounts ....SHOW ALL WORK for credit. 1. Direct labor 2. Prime cost $ 3. Cost of goods manufactured $ 4. Ending finished goods 5. Gross profit $ 6. Operating income $

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