prepare t accounts and other info is attached.

CLOCKS' AUGUST 2013 SALES WERE $1,500,000 OPERATING EXPENSES WERE $200,000 CLOCKS' AUGUST 2013 COST OF GOODS SOLD WAS $1,000,000. AUGUEST 31 WIP WAS 50% OF THE AUGUEST 1 WIP. OVERHEAD WAS 100% OF DIRECT LABOR COST. SURING AUGUEST $600,000 OF MATERIALS WERE PURCHASED. OTHER AUGUST INFORMATION FOLLOWS: 8/1/2013 8/31/2013 INVENTORIES MATERIAL 100,000 300,000 WIP 200,000 FINISHED GOODS 200,000 100,000 A B C D E F G COMPUTE COST OF GOODS SOLD COMPUTE COST OF GOODS MANUFACTURED DIRECT MATERIAL COST IN AUGUST DIRECT LABOR COST IN AUGUST PREDETERMINED OVERHEAD IN AUGUST TOTAL MANUFACTURING COSTS IN AUGUST PREPARE AN INCOME STATEMENT FOR AUGUST 2013