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1 The following data from the just completed year are taken from the accounting records of Mason Company Sales Direct labor cost Raw naterial purchases Selling expenses Administrative expenses Manufacturing overhead applied to work in process Actual manufacturing overhead costs $ 652,000 $ 89,000 $ 133,000 $ 107,000 $44,000 $ 224.000 $ 204,000 Book A Inventories Raw materials Work in process Finished goods Betinning Ending $3,600 $ 10,100 $5,700 520,100 $ 71,000 $ 25,00 Deferences Required: 1. Prepare a schedule of cost of goods manufactured. Assume all raw materials used in production were direct materials 2. Prepare a schedule of cost of goods sold. Assume that the company's underapplied or overapplied overhead is closed to Cost of Goods Sold 3. Prepare an income statement Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Prepare a schedule of cost of goods manufactured. Assume all raw materials used in production were direct materials Graw Prey 1 of 3 Next > Rumu Reque Reques 1 3 points Prepare a schedule of cost of goods manufactured. Assume all raw materials used in production were direct materials. Mason Company Schedule of Cost of Goods Manufactured Beginning work in process inventory $ Direct materials: Beginning raw materials inventory $ 8,600 Add: Purchases of raw materials 133,000 Total raw materials available 141,600 Less Ending raw materials inventory 10,100 Direct materials used in production eBook Hint Ak Print References 0 Total manufacturing costs added to production Total manufacturing costs to account for 0 Cost of goods manufactured Required Required 2 > 3 points Required: 1. Prepare a schedule of cost of goods manufactured Assume all raw materials used in production were direct materials, 2. Prepare a schedule of cost of goods sold, Assume that the company's underapplied or overapplied overhead is closed to Goods Sold 3. Prepare an income statement eBook Hint Complete this question by entering your answers in the tabs below. Ask Print Required 1 Required 2 Required 3 ferences Prepare a schedule of cost of goods sold, Assume that the company's underapplied or overapplied overhead is closed to Cost of Goods Sold Mason Company Schedule of Cost of Goods Sold Required 1 Required 3 > Mc Graw Pront 12 38: Mart 1 Finished goods $ 71,000 $ 25,100 - 3 points Required: 1. Prepare a schedule of cost of goods manufactured Assume all raw materials used in production were direct materials 2. Prepare a schedule of cost of goods sold. Assume that the company's underapplied or overapplied overhead is closed t Goods Sold 3. Prepare an income statement. BOOK Hint Complete this question by entering your answers in the tabs below. AR Print References Required 1 Required 2 Required) Prepare an income statement. Mason Company Income Statement Seling and administrative expenses 0 0 $ Raasid? Mc 1 The following data from the just completed year are taken from the accounting records of Mason Company Sales Direct labor cost Raw naterial purchases Selling expenses Administrative expenses Manufacturing overhead applied to work in process Actual manufacturing overhead costs $ 652,000 $ 89,000 $ 133,000 $ 107,000 $44,000 $ 224.000 $ 204,000 Book A Inventories Raw materials Work in process Finished goods Betinning Ending $3,600 $ 10,100 $5,700 520,100 $ 71,000 $ 25,00 Deferences Required: 1. Prepare a schedule of cost of goods manufactured. Assume all raw materials used in production were direct materials 2. Prepare a schedule of cost of goods sold. Assume that the company's underapplied or overapplied overhead is closed to Cost of Goods Sold 3. Prepare an income statement Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Prepare a schedule of cost of goods manufactured. Assume all raw materials used in production were direct materials Graw Prey 1 of 3 Next > Rumu Reque Reques 1 3 points Prepare a schedule of cost of goods manufactured. Assume all raw materials used in production were direct materials. Mason Company Schedule of Cost of Goods Manufactured Beginning work in process inventory $ Direct materials: Beginning raw materials inventory $ 8,600 Add: Purchases of raw materials 133,000 Total raw materials available 141,600 Less Ending raw materials inventory 10,100 Direct materials used in production eBook Hint Ak Print References 0 Total manufacturing costs added to production Total manufacturing costs to account for 0 Cost of goods manufactured Required Required 2 > 3 points Required: 1. Prepare a schedule of cost of goods manufactured Assume all raw materials used in production were direct materials, 2. Prepare a schedule of cost of goods sold, Assume that the company's underapplied or overapplied overhead is closed to Goods Sold 3. Prepare an income statement eBook Hint Complete this question by entering your answers in the tabs below. Ask Print Required 1 Required 2 Required 3 ferences Prepare a schedule of cost of goods sold, Assume that the company's underapplied or overapplied overhead is closed to Cost of Goods Sold Mason Company Schedule of Cost of Goods Sold Required 1 Required 3 > Mc Graw Pront 12 38: Mart 1 Finished goods $ 71,000 $ 25,100 - 3 points Required: 1. Prepare a schedule of cost of goods manufactured Assume all raw materials used in production were direct materials 2. Prepare a schedule of cost of goods sold. Assume that the company's underapplied or overapplied overhead is closed t Goods Sold 3. Prepare an income statement. BOOK Hint Complete this question by entering your answers in the tabs below. AR Print References Required 1 Required 2 Required) Prepare an income statement. Mason Company Income Statement Seling and administrative expenses 0 0 $ Raasid? Mc