Check my 2 The following information pertains to Thornton Manufacturing Company for March Year 3. Assume actual overhead equaled applied overhead 2 5123,500 110,000 76,600 Mareh Inventory balances Nav materials Work in process Fished goods balance av materiale in process Pished woode During March cont of materiale purchased costs of direct labor costs of manufacturing overhead sales revenues 40 #6,300 145,200 81,000 9118,100 100,100 61.800 354.000 Prime References Required a. Prepare a schedule of cost of goods manufactured and sold b. Calculate the amount of gross margin on the income statement 2 Complete this question by entering your answers in the tabs below. Required A Required B 2 points Prepare a schedule of cost of goods manufactured and sold. THORNTON MANUFACTURING COMPANY Schedule of Cost of Goods Manufactured and Sold For March Year 3 eBook Hint Raw materials available for use Print Direct raw materials used References Total manufacturing costs Total work in process inventory Cost of goods manufactured Cost of goods available for sale Cost of goods sold Regulred A Required B > Required a. Prepare a schedule of cost of goods manufactured and sold. b. Calculate the amount of gross margin on the income statement. . Complete this question by entering your answers in the tabs below. inces Required A Required B Calculate the amount of gross margin on the income statement. Gross margin