Required: Compute the following: A. Manufacturing overhead. B. Work-in-process inventory, 12/31. C. Finished-goods Inventory. 1/1. D. Cost of goods sold. E. Gross margin F. Net income. Question 2. Garrison, Inc, which uses a job-costing system, began business on January 1, 20x3 and applies manufacturing over Labor cost. The following information relates to 20x3: . Budgeted direct labor and manufacturing overhead were anticipated to be $400,000 and $500,000, respectively . Job nos. 1, 2. and 3 were begun during the year and had the following charges for direct material and direct labor Direct Dinoct No. Labor