use the info above to answer the three parts of the question.

part 1:

part 2:

part 3:

America's Best Cookies has been baking sugar cookies for 5 years. They have been selling their cookles for $5 each and they are wondering if they are charging the right price. To help them determine a good price for their product, we must put together and analyze their statements. Assume Americas Best Cookies uses process costing and allocates manufacturing overhead based on machine hours. Americas Best Cookies expects to incur $80,000 of manufacturing overhead costs, and to use 400 direct labor hours during fiscal year 2024. Americas Best Cookies reported the following inventories at May 31, 2024: Requirements: Compute the Cost of Goods Manufactured by completing the Cost of Goods Manufactured Schedule using the following cost data and account balances: