Cost Flow RelationshipsThe following information is available for the first month of operations of Url Inc., a manufacturer of art
June 7th, 2024
Cost Flow RelationshipsThe following information is available for the first month of operations of Url Inc., a manufacturer of art and craft items:Sales$1,337,200Gross profit361,000Indirect labor120,300Indirect materials49,500Other factory overhead22,700Materials purchased682,000Total manufacturing costs for the period1,476,300Materials inventory, end of period49,500Factory overhead was applied during the year. Using the above information, determine the following missing amounts:a. Cost of goods sold$b. Direct materials cost$c. Direct labor cost$