Please explain solutions!Please explain solutions!

i i More Info More Info Calculation of Cost of Goods Manufactured Manny Manufacturing Company June 30 Beginning $ 22,000 Plus: Direct Sales revenue $ x Beginning raw materials inventory $ x 55,000 Cost of goods sold: Beginning Purchases of direct materials $ 110,000 X 78,000 (24,000) Cost of goods Ending raw materials inventory Direct $ x Direct 216,000 Ending Cost of goods sold Gross profit Manufacturing overhead 47,000 234,000 Total costs 174,000 expenses: Total 95,000 Marketing expense costs x Administrative expense 160,000 (26,000) Less: Ending $ x $ x Operating income $ 22,000 Beginning Plus: Direct Beginning raw materials inventory Purchases of materials 55,000 78,000 (24,000) Ending raw materials inventory Direct Direct Manufacturing overhead 47,000 Total costs 174,000 Total costs Less: Ending (26,000) Now we will fill in the missing information on the income statement. We will complete the statement one step at a time. Manny Manufacturing Company June 30 Sales revenue Cost of goods sold: Beginning $ 110,000 Cost of goods Ending Cost of goods sold 216,000 Gross profit 234,000 expenses: Marketing expenses 95,000 Administrative expenses 160,000 Operating income