1. Eskabob, Ltd., manufactures several products. Inventories and other data for the year are as follows: Inventories Mar, 31, X2 Mar, 31, X3 Direct materials $187 159 Work-in-process 210 230 Finished goods 300 350 Other data are as follows: Direct materials purchases $412 Direct labor 350 Overhead Selling costs 340 Administrative costs 280 Sales 1500 Required a. Prepare a statement of cost of goods manufactured and sold (6 points) b. Prepare a simple income statement (4 points) 270