Question: Step by step I need help in this question. will get unhelpful if Wrong answer. 1 Charlotte Metals' operating activities for the year are listed

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1 Charlotte Metals' operating activities for the year are listed below: Operating revenues $98. 309 Operating cost $3 m Wa Beginning Inventdry $950,600 Ending/ Nentory $420.700 Farchases $825.600 Sales revonun $: 406,560 Operating expenses $72400C What is the cost of goods sold (COGS) for the year? 2. Modesto Accessories manufactures two types of wallets leather and canvas. The company allocates manufacturing overhead using a single plant wide rate with direct labor cost as the allocation base. Estimated Overhead Costs $10,690 Direct Labor Cost per Leather Wallet

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