Exercise 175 The following information is available for Elliot Company January 1, 2013 $26,000 13,500 30,000 2013 December 31, 2013 Raw materials inventory Work in process inventory Finished goods inventory Materials purchased Direct labor Manufacturing overhead Sales $30,000 22,200 21,000 $170,000 220,000 180,000 800,000 Compute cost of goods manufactured. Cost of goods manufactured