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

Exercise 3.6(Algo) Schedules of Cost of Goods Manufactured and Cost of Goods Sold; Income Statement [LO3-3]
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
\table[[Inventories,Beginning,Ending],[Raw materials,$8,400,$10,500
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