Tutor, I need help with the following exercise. Can you help? Its due tomorrow.

This is an Accounting homework (Inventory) Attached and below is the full exercise. Please let me know asap if you are going to be able to assist me with this exercise.

E1-14 The following information is available for Lowry Company. January 1, 2011 2011 December 31, 2011 Raw materials inventory $21,000 $30,000 Work in process inventory 13,500 17,200 Finished goods inventory 27,000 21,000 Materials purchased $150,000 Direct labor 200,000 Manufacturing overhead 180,000 Sales 900,000 Instructions (a) Compute cost of goods manufactured. (b) Prepare an income statement through gross profit. (c) Show the presentation of the ending inventories on the December 31, 2011 balance sheet. (d) How would the income statement and balance sheet of a merchandising company be different from Lowrys financial statements?

Textbook Assignment: E1-14 Resources: Ch. 1 of Managerial Accounting Prepare a written response to the following exercise: Exercise 14 (E1-14) at the end of Ch. 1 (Page 41) Click the Assignment Files tab to submit your assignment. Submit the assignment to the Plagiarism Checker and submit your report with your assignment. Ch. 1 Page 41 E1-14 The following information is available for Lowry Company. January 1, 2011 2011 December 31, 2011 Raw materials inventory $21,000 $30,000 Work in process inventory 13,500 17,200 Finished goods inventory 27,000 21,000 Materials purchased $150,000 Direct labor 200,000 Manufacturing overhead 180,000 Sales 900,000 Instructions (a) Compute cost of goods manufactured. (b) Prepare an income statement through gross profit. (c) Show the presentation of the ending inventories on the December 31, 2011 balance sheet. (d) How would the income statement and balance sheet of a merchandising company be different from Lowry's financial statements