Please answer the places with question marks, enter a formula into each one.

* For a manufacturing company, the cost of goods sold would include some variable costs, such as direct materials, direct labor, and variable overhead, and some fixed costs, such as fixed manufacturing overhead. Income statement formats for manufacturing companies will be explored in greater detail in a subsequent chapter. Cost of goods sold = Beginning merchandise inventory + Purchases - Ending merchandise inventory =$7,000+$3,000$4,000=$6,000 * For a manufacturing company, the cost of goods sold would include some variable costs, such as direct materials, direct labor, and variable overhead, and some fixed costs, such as fixed manufacturing overhead. Income statement formats for manufacturing companies will be explored in greater detail in a subsequent chapter. Cost of goods sold = Beginning merchandise inventory + Purchases - Ending merchandise inventory =$7,000+$3,000$4,000=$6,000