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amework Check my work Sales Direct labor cost Raw material purchases Selling expenses Administrative expenses Manufacturing overhead applied to work in process Motaal manufacturing overhead
amework Check my work Sales Direct labor cost Raw material purchases Selling expenses Administrative expenses Manufacturing overhead applied to work in process Motaal manufacturing overhead costs $ 655,000 $ 82,000 $ 132,000 $ 106,000 $ 49,000 $ 200,000 $ 230,000 Inventories Raw materiala Work in process Finished goods Beginning $ 8,800 $ 5,500 $ 75,000 Ending $ 10,800 $ 20,600 $ 25,800 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 3 Prepare a schedule of cost of goods manufactured. Assume all raw materials used in production were direct materials. Mason Company Schedule of Cont of Goods Manufactured Direct materials: Total raw materiais avalabla Raw materials used in production Total manufacturing costs
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