Exercise $3-6($Algo$)$ Schedules of Cost of Goods Manufactured and Cost of Goods Sold; Income Statement $[$LO$3-3]$

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

$$658,000$

$$83,000$

$$131,000$

$$102,000$

$$47,000$

$$229,000$

$$209,000$

$\backslash$table$[[$Inventories$,$Beginning,Ending$],[$Raw materials,$$8,400,$$$10,500$