Question: I need help with this question. The following data from the just completed year are taken from the accounting records of Mason Company Sales Direct

 I need help with this question. The following data from the

I need help with this question.

The following data from the just completed year are taken from the accounting records of Mason Company Sales Direct labor cost Raw material purchases Selling expenses Administrative expenses Manufacturing overhead applied to work in process Actual manufacturing overhead costs $ 652,000 $ 85,000 $ 131,080 $ 194,000 $ 44,000 $207,000 $ 224,000 Inventories Raut materials Work in process Finished goods Beginning $ 8,798 $ 5,700 $ 78,000 Ending $ 10, 209 $ 20,300 $25,200 Required: 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 CG 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

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