Which of the following statements is correct? Select one: a. An indirect cost can be readily traced to a cost object while a direct cost is traced only to manufacturing costs. b. A direct cost can be readily traced to a cost object while an indirect cost is traced only to manufacturing costs. c. A direct cost can be traced to a specific cost object, while an indirect cost cannot. d. An indirect cost can be traced to a specific cost object, while a direct cost cannot. Company XYZ made sales of $190,000 during 2019. The fixed expenses were $90,000 and the variable expenses were $50,000. The cost of goods sold was $35,000. Calculate the gross margin for XYZ. Select one: a. $ 155,000 b. $140,000 c. $100,000 d. $145,000 e. $50,000 f. None of the answers given