The following information was taken from the accounting records of Elliott Manufacturing Corp. Unfortunately, some of the data were destroyed by a computer malfunction. Hint: You may need to prepare a cost of goods manufactured statement and an income statement to work this. Put in what you know and back into what you do not know.

Cost of goods manufactured is calculated to be __________.

Cost of goods sold is calculated to be _________.

Net sales Fnisheid goods nventory, Jannary 1, 2021 Fnisheid goods nventory, December 31, 2021 Cost of goods soli Gross magn Serg anl aiministrative expenses Netincome Workin process inventory, Jamary 1, 20210 Dect materis used Dectabor used Factory overhead Total manufacting costs Workin process inventory, December 31, 2020 Cost of goods mamuactred $62M0 8,00 7.0MO 20.,000 13,000 8,00 9.000 13,000 5,000