for this problem I need Income Statement, schedule of Cost of Good Sold , and schedule of Cost Good Manufactured.

another problem problem.

Superior Company provided the following data for the year ended December 31 (all raw materials are used in production as direct materials) $ $ Selling expenses Purchases of raw materials Direct labor Administrative expenses Manufacturing overhead applied to work in process Actual manufacturing overhead cost $ $ $ 214,000 267,000 ? 158,000 371,000 354,000 Inventory balances at the beginning and end of the year were as follows: Raw materials Work in process Finished goods Beginning $ 51,000 ? $ 39,800 Ending 40,000 27,000 ? $ The total manufacturing costs added to production for the year were $680,000, the cost of goods available for sale totaled $735,000; the unadjusted cost of goods sold totaled $663,000; and the net operating income was $38,000. The company's underapplied or overapplied overhead is closed to cost of Goods Sold Required: Prepare schedules of cost of goods manufactured and cost of goods sold and an income statement. (Hint Prepare the income statement and schedule of cost of goods sold first followed by the schedule of cost of goods manufactured.) Selected l-accounts of Moore Company are given below for the just completed year ? Debits Bal. 1/1 Debits Bal. 12/31 Manufacturing Overhead 188 18e Credits Raw Materials 35, Credits 160. 45,000 Work in Process 40,000 Credits 110,000 210.000 218,400 ? Finished Goods 68,000 Credits 530,000 Bal. 1/1 Direct materials Direct labor Overhead Bal. 12/31 Debits Factory Wages Payable 225, Bl. 1/1 Credits Bal 12/31 19, 220,000 14,000 Sal. 1/1 Debits Bal. 12/31 Cost of Goods Sold ? Debits 98,000 Required: 1 What was the cost of raw materials used in production during the year? 2. How much of the materials in 11) above consisted of indirect materials? 3. How much of the factory labor cost for the year consisted of indirect labor? 4 What was the cost of goods manufactured for the year? 5. What was the unadjusted cost of goods sold for the year? Do not include any underapplied or overapplied overhead in your answer 6. If overhead is applied to production on the basis of direct labor cost, what predetermined overhead rate was in effect during the year? 7. Was manufacturing overhead underapplied or overapplied? By how much? 8. Compute the ending balance in Work in Process Assume that this balance consists entirely of goods started during the year. If $13.950 of this balance is direct labor cost, how much of it is direct materials cost? Applied overhead cost