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The following data from the just completed year are taken from the accounting records of Eccles Company: Sales 651,000 $ $80,000 $131,000 100,000 $ Direct labor cost Raw material purchases Selling expenses Administrative expenses Manufacturing overhead applied to work in process Actual manufacturing overhead costs $50,000 210,000 $ $ 228,000 Inventories: Raw materials Beginning End of of Year Year $ 8,100 $10,900 20,500 $5,200 $ Work in process Finished goods $ 73,000 $ 25,500 Required: 1. Prepare a schedule of cost of goods manufactured. Assume all raw materials used in production were direct materials. (Input all amounts as positive values. Omit the "$" sign in your response.) Eccles Company Schedule of Cost of Goods Manufactured Direct materials: (Click to select) (Click to select) v (Click to select) (Click to select) (Click to select) v : (Click to select) ta Raw materials used in production (Click to select) (Click to select) Total manufacturing cost (Click to select) v : (Click to select) 100 (Click to select) v : (Click to select) Cost of goods manufactured 2. Prepare a schedule of cost of goods sold. (Input all amounts as positive values. Omit the "$" sign in your response.) Eccles Company Schedule of Cost of Goods Sold (Click to select) (Click to select): (Click to select) $ (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) Adjusted cost of goods sold $1 3. Prepare an income statement. (Input all amounts as positive values. Omit the "$" sign in your response.) Eccles Company Income Statement (Click to select) (Click to select) (Click to select) Selling and administrative expenses: (Click to select) (Click to select) (Click to select) $

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