what is the:

a) Cost of Goods Manufactured & Sold

b) Number of units manufactured and the cost of maufacturing one unit

c) Cost of the finished goods, applying the unit cost computed in b).

e) Net income for the quarter

The records of the Bulacan Tannery show the following information for the three months ended March 31, 2012:

Materials Purchased: 1,946,700

Inventories, January 1, 2012

Finished Goods (100 stereo sets) 43,000

Materials 268,000

Direct labor 2,125,800

Factory overhead 764,000

Marketing expenses 516,000

General & Administrative expenses 461,000

Sales (12,400 stereo sets at 50% above cost) ?

Inventories, March 31, 2012

No unfinished work on hand

Finished goods (200 stereo sets coming from the cost of goods manufactured) ?

Materials 167,000