The information below has been taken from the cost records of Tink Co. for the past year: Direct materials used in production $326
Direct labor 225
OH allocated at 60% of DL$ ?
Actual OH 145
Cost of goods available for sale 826
Sales revenue 900
Selling & administrative expenses 30

Inventories:
Beginning Ending
Work in process 80 30
Finished goods ? 110

SHOW ALL COMPUTATIONS:
a) Prepare a statement of cost of goods manufactured & sold for T Co.
(use normal costing)

In 2018, laureen is currently single. she paid $2,800 of qualified tuition and related expenses for each of her twin daughters sheri and meri to attend state university as freshmen ($2,800 each for a total of $5,600). sheri and meri qualify as laureen’s dependents. laureen also paid $1,900 for her son ryan’s (also laureen’s dependent) tuition and related expenses to attend his junior year at state university. finally, laureen paid $1,200 for herself to attend seminars at a community college to her improve her job skills.what is the maximum amount of education credits laureen can claim for these expenditures in each of the following alternative scenarios? a. laureen's agi is $45,000.b. laureen’s agi is $95,000.c. laureen’s agi is $45,000 and laureen paid $12,000 (not $1,900) for ryan to attend graduate school (i.e, his fifth year, not his junior year).