PISA Preparing a schedule of cost of goods manufactured and an income statement for a manufacturing company Certain item descriptions and amounts ATC masing from the monthly schedule of cost of goods manufactured and income statement of Elly Manufacturing Com pane Fill in the blanks with the missing words and replace the Xs with the correct Introduction to Managerial Accounting Learning Objective) COGM $112.000 mounts ELLY MANUFACTURING COMPANY June 30, 2018 Beginning Direct $ 27.000 Beginning Direct Materials Purchases of Direct Materials X 55.000 84,000 120,000) 5 X Ending Direct Materials Direct Direct Manufacturing Overhead Total Total Costs Ending X 44,000 Costs 180,000 (25,000) 5 ELLY MANUFACTURING COMPANY June 30, 2018 5 Net Sales Revenue Cost of Goods Sold: Beginning $ 110,000 X 232,000 258.000 Cost of Goods Ending Cost of Goods Sold Gross Profit Expenses: Selling Expenses Administrative Expenses Total Income 98,000 160,000 5