Homework The following data from the just completed year are taken from the accounting records of Mason Company. Direct labor cost Raw material purchases Selling expenses Administrative expenses Kanufacturing overhead applied to work in process Actual manafactaring overhead costs 660,000 83,000 132,000 s 105,000 43,000 206,000 225,000 Rav naterials Work in process Finished goods 8,600 10,300 5,500 $ 20,400 74,000 25,600 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 Co Goods Sold. 3. Prepare an income statement Complete this question by entering your answers in the tabs below Required 1 Required 2 Required 3 Prepare a schedule of cost of goods manufactured. Assume all raw materials used in production were direct materials. of Cost of Goods Manufactured Direct materials MacBook Air 088 2 0