Tooty Fruity Beverage Company's operating activities for the year are listed below. Purchases $140,000 Operating expenses 80,500 Beginning inventory 12,100 Ending inventory 19,000 Sales revenue 300,800 What is the cost of goods sold for the year? A. $80,500 B. $152, 100 C. $140,000 D. $133,100 Next estion Fun Science Toys' operating activities for the year are listed below. Purchases $174,600 Operating expenses 62,100 Beginning inventory 27,300 Ending inventory 37,000 Sales revenue 333,100 What is the gross profit for the year? A. $168,200 B. $333,100 C. $158,500 D. $96,400 0 Wanda's Wand Company reports the following data for its first year of operation. Work in process inventory, beginning Work in process inventory, ending 141,000 Direct materials used 110,500 Direct Labor 131,000 Manufacturing overhead 185,000 Finished goods inventory, beginning 0 Finished goods inventory, ending 90,200 What are the total manufacturing costs to account for? A. $195,300 B. $426,500 C. $131,000 D. $241,500