For Last Year,Lewisburn Manufacturing Reported the Following What Was Lewisburn's Operating Profit?
A)$280 000
B)$76 000
C)$177

Multiple Choice

For last year,Lewisburn Manufacturing reported the following:
$\begin{array}{|l|r|}\hline\text { Revenue } & \$ 420000 \\\hline \text { Beginning inventory of direct materials, January 1 } & 22000 \\\hline \text { Purchases of direct materials } & 146000 \\\hline \text { Ending inventory of direct materials, December 31 } & 16000 \\\hline \text { Direct manufacturing labour } & 40000 \\\hline \text { Indirect manufacturing costs } & 35000 \\\hline \text { Beginning inventory of finished goods, January 1 } & 104000 \\\hline \text { Cost of goods manufactured } & 36000 \\\hline \text { Ending inventory of finished goods, December 31 } & 140000\\\hline\end{array}$
What was Lewisburn's operating profit?

A) $280 000
B) $76 000
C) $177 000
D) $128 000