The following information is available for Elliot Company.

a) Compute cost of goods manufactured.

	January 1, 2013	2013	December 31, 2013
Raw materials inventory	$26000		$30,000
Work in process inventory	13,500		22,2000
Finished goods inventory	30,000		21,000
Materials purchased		$170,000
Direct labor		220,000
Manufacturing overhead		180,000
Sales		800,000