Exercise 14-14 a-c

The following information is available for Aikman Company.

Exercise 14-14 a-C The following information is available for Aikman Company. January 1, 2020 2020 December 31, 2020 Raw materials inventory $21,370 $34,900 Work in process inventory 14,490 18,990 Finished goods inventory 28,650 21,350 Materials purchased $153,970 Direct labor 224,060 Manufacturing overhead 184,690 Sales revenue 905,910 Compute cost of goods manufactured. Aikman Company Cost of Goods Manufactured Schedule LINK TO TEXTPrepare an income statement through gross profit. AIKMAN COMPANY Income Statement (Partial) V LINK TO TEXT Show the presentation of the ending inventories on the December 31, 2020, balance sheet. AIKMAN COMPANY (Partial) Balance Sheet