Exercise 175 a-b (Part Level Submission) The following information is available for Elliot Company January 1, 2019 2019 December 31, 2019 Raw materials inventory Work in process inventory Finished goods inventory Materials purchased Direct labor Manufacturing overhead Sales $26,000 18,500 30,000 $30,000 22,200 21,000 $170,000 230,000 180,000 800,000 (a) Your answer is correct Compute cost of goods manufactured Cost of goods manufactured 572300 SHOW SOLUTION LINK TO TEXT LINK TO TEXT Prepare an income statement through gross profit ELLOIT COMPANY Income Statement December 31, 2019