connect Exercise 10-14A (Algo) Cost of goods manufactured and sold LO 10-5 The following information pertains to Flaxman Manufacturing Company for April. Assume actual overhead equaled applied overhead. April 1 Inventory balances Raw materials $123,200 Work in process 118,500 Finished goods 77.800 April 30 Inventory balances Raw materials $ 85,600 Work in process 146,300 Finished goods 80.100 During April Costs of raw materials purchased $119,800 Costs of direct labor 100 700 Costs of manufacturing overhead 63,000 Sales revenues 352,000 Required a. Prepare a schedule of cost of goods manufactured and sold. . Calculate the amount of gross margin on the income statement. Complete this question by entering your answers in the tabs below. Required B Calculate the amount of gross margin on the income statement. Gross margin References Worksheet Difficulty: 3 Hard Exercise 10-14A (Algo) Cost of Learning Objective: 10-05 Prepare a goods manufactured and sold schedule of cost of goods manufactured LO 10-5 and sold