The Samson Company had the following data (in thousands) for a given period: There were no beginning or ending inventories. Sales $ 870 Direct materials 210 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 labor 250 160 Indirect manufacturing costs 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 11 (3) Determine the formula, then compute the operating income. Operating income 11 (4) Determine the formula, then compute the conversion cost. Conversion cost +