2. XYZ Corporation gathered the following data for the month of February:

Item	Amount ($)
Direct Materials Used	60,000
Direct Labor	35,000
Manufacturing Overhead (Variable)	25,000
Manufacturing Overhead (Fixed)	30,000
Beginning Work in Process Inventory	20,000
Ending Work in Process Inventory	22,000
Beginning Finished Goods Inventory	25,000
Ending Finished Goods Inventory	28,000

Requirements: a) Compute the Total Manufacturing Cost. b) Determine the Cost of Goods Manufactured. c) Find the Cost of Goods Sold. d) Calculate the Gross Profit. e) Construct a Schedule of Cost of Goods Manufactured. f) Prepare a Schedule of Cost of Goods Sold. g) Prepare a Schedule of Gross Profit.