3 Homework Saved Help S 36 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. Inventories Raw materials Work in process Finished goods Required: Beginning Ending $ 8,900 $ 10,100 $ 5,400 $ 77,000 $21,000 $25,500 $ 657,000 $ 81,eee $ 134,000 $103,000 $ 49,000 $224,000 $208,000 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 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 Beginning work in process inventory Direct materials: Beginning raw materials inventory Add: Purchases of raw materials Total raw materials available Less: Ending raw materials inventory Direct materials used in production < Prev 2 of 4 Next > apter 3 Homework 0 2 3. Prepare an income statement Complete this question by entering your answers in the tabs below. Required Presare a schedule of cost of goods manufactured Assume at raw materials used in production were direct mat Schedule of Cost of schand Dieder Add Purchases of as T Dremel in produc Tu mantung oooth added to production Cost of goods manufacture 92 74 2 W 4 43 E 500 S E $ 14 D R buind 55 42 LL. F Mactlock All 9 36 42 100 49 7 8 T Y U G H DE NW J Homework Required 1. Prepare a schedule of ant of goods manufactured me a water in production were direct maters 2. Prepare a schedule of cost of goods sold Assume that the company's underapped or overnpplied overhead is onsed to Cos Goods Sold 3. Prepare an income statement Complete this question by entering your answers in the tabs b Prehue of cost of goods sold. Assume that the men's or everaged overhead closed to Cost of Goods S Mason Compre Schedule of Cost of Gas St 2 W A S 13 x X t Br 44 % 5 Prev Murfinox Av 36 47 Next >> .00 8 9 E R T Y U 1 O D F G H J C V B N M K -O 1 12 2 Require 1. Prepas a schedule of cost of goods manufactured Assume al raw materials used in production were direct m 2. Prepare a schedule of cost of goods said Assume that the company's underapplied or overappled overhead Good Sold 3. Prepare an income statement Complete this question by entering your answers in the tab Chapter 3 Homewes 0 OF 01 Prepare an income stat M 42 24 43 74 > MacBook Aa 04 01 6 99 55 190 49 7 88 W E R T Y U S D F G H J K