The following selected account balances are provided for delray mfg. sales $ 1,004,000 raw materials inventory, beginning 37,000 work in process inventory, beginning 57,600 finished goods inventory, beginning 67,400 raw materials purchases 162,200 direct labor 245,000 factory supplies used (indirect materials) 17,700 indirect labor 54,000 repairs—factory equipment 5,250 rent cost of factory building 51,000 advertising expense 95,000 general and administrative expenses 126,000 raw materials inventory, ending 43,100 work in process inventory, ending 40,900 finished goods inventory, ending 65,700 prepare its schedule of cost of goods manufactured for the current year ended december 31.

In year 1, the bennetts' 25-year-old daughter, jane, is a full-time student at an out-of-state university but she plans to return home after the school year ends. in previous years, jane has never worked and her parents have always been able to claim her as a dependent. in year 1, a kind neighbor offers to pay for all of jane's educational and living expenses. which of the following statements is most accurate regarding whether jane's parents would be allowed to claim an exemption for jane in year 1 assuming the neighbor pays for all of jane's support? a.no, jane must include her neighbor's gift as income and thus fails the gross income test for a qualifying relative.b.yes, because she is a full-time student and does not provide more than half of her own support, jane is considered her parent's qualifying child.c.no, jane is too old to be considered a qualifying child and fails the support test of a qualifying relative.d.yes, because she is a student, her absence is considered as "temporary." consequently she meets the residence test and is a considered a qualifying child of the bennetts.