Question 20 Glavine Corporation incurred the following costs while manufacturing its product. Materials used in product Depreciation on plant Property taxes on store Labor costs of assembly-line workers Factory supplies used Advertising expense Property taxes on plant Delivery expense Sales commissions Salaries paid to sales clerks $125,000 60,000 7,500 110,000 23,000 45,000 19,000 21,000 35,000 50,000 Work-in-process inventory was $27,000 at January 1 and $15,500 at December 31. Finished goods inventory was $65,000 at January 1 and $50,600 at December 31. (a) Compute cost of goods manufactured. Cost of goods manufactured Question 17 The following information is available for Elliot Company. 2019 January 1, 2019 $26,000 December 31, 2019 $30,000 18,500 22,200 30,000 21,000 Raw materials inventory Work in process inventory Finished goods inventory Materials purchased Direct labor Manufacturing overhead Sales $170,000 230,000 180,000 800,000 (a) Compute cost of goods manufactured. Cost of goods manufactured Click if you would like to Show Work for this question: Open Show Work