Use the following information for Brief Exercises 2-32 and 2-33: Morning Smiles Coffee Company manufactures Stoneware French Press coffee makers and sold 8,000 coffee makers during the month of March at a total cost of $612,500. Each coffee maker sold at a price of $100. Morning Smiles also incurred two types of selling costs: commissions equal to 5% of the sales price and other selling expense of $45,000. Administrative expense totaled $47,500. 2-32 (list the costs and identify each as direct material, direct labor or overhead) Brief Exercise 2-32 Manufacturing Firm Income Statement Refer to the information for Morning Smiles Coffee Company on the previous page. Required: Prepare an income statement for Morning Smiles for the month of March