2 The following data from the just completed year are taken from the accounting records of Mason Company Sales Direct labor cost How material purchases Selling expenses Administrative expenses Manufacturing overhead applied to work in process Actual manufacturing overhead costs $652,000 02.000 $ 138,000 $106.00 49.00 302.000 5221,000 Inventories Raw materials Work in process Finished goods Beginning $ 8,400 $ 5,900 $ 27,000 Ending $10.900 $ 20,700 $ 25,700 Required: a . 2. Prepare a schedule of cost of goods sold. Assume that the company's underapplied or over applied overhead is closed to Cost op Goods Sold 3. Prepare an Income statement, Complete this question by entering your answers in the tabs below. Required Required 2 Required a Prepare a schedule of cost of goods manufactured. Assume all raw materials used in production were ritirert materials Required 1 Required 2 Required 3 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 Direct materials Total raw materials available Raw materials used in production Total manufacturing costs 0 Cost of goods manufactured Nord Required 2 > search o . eztomtheducation.com/ext/map/indexhonicons.con external browser:Blaunch https%253A%252F%252Fnewconnect.meducation.com Chapter 3 Homework & Strived 2 Required 1 Required Required 3 10 points 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 eBook Print References fired 1 Required 3 > Adjusted cost of goods sold Cost of goods available for sale Unadjusted cost of goods sold 2 Required 1 Required 2 Required 3 Prepare an income statement, Mason Company Income Statement SOR st 0 nces Selling and administrative expenses 0 0