Justine industries is calculating its cost of goods manufactured at year-end. justine's accounting records show the following: the raw materials inventory account had a beginning balance of $ 18 comma 000 and an ending balance of $ 19 comma 000. during the year, the company purchased $ 58 comma 000 of direct materials. direct labor for the year totaled $ 120 comma 000, while manufacturing overhead amounted to $ 149 comma 000. the work in process inventory account had a beginning balance of $ 27 comma 000 and an ending balance of $ 15 comma 000. assume that raw materials inventory contains only direct materials. compute the cost of goods manufactured for the year. (hint: the first step is to calculate the direct materials used during the year.)

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.