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Presented below are Truck Company's monthly manufacturing cost data related to its personal computer products. (a) Taxes on factory building $820,000 (b) Raw materials 66,000

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Presented below are Truck Company's monthly manufacturing cost data related to its personal computer products. (a) Taxes on factory building $820,000 (b) Raw materials 66,000 (c) Depreciation on manufacturing equip. 210,000 (d) Wages for assembly line workers 340,000 Instructions Enter each cost item in the following table, placing an "X" under the appropriate headings. Product Costs Direct Materials Direct Labor Manufacturing Overhead (a) (b) (c) (d) 16. (40 Points) 2013 The following information is available for Elliot Company. January 1, 2013 Raw materials inventory $ 26,000 Work in process inventory 13,500 Finished goods inventory 30,000 Materials purchased Direct labor Manufacturing overhead Sales December 31, 2013 $30,000 22,200 21,000 $170,000 220,000 180,000 800,000 Instructions (a) Compute cost of goods manufactured. (This does NOT have to a formal schedule. However, be sure to show how your computations.) (b) Prepare an income statement in good form through gross profit

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