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I am having many difficulties filling this out with all the missing information. Superior Company provided the following data for the year ended December 31

I am having many difficulties filling this out with all the missing information.
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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 s 218,00e $ 267,000 Adninistrative expenses Manufacturing overhead applied to work in process Actual nanufacturing overhead cost $ 155,0ee $369,809 $356,eee Inventory balances at the beginning and end of the year were as follows: Beginning of Year End of Year 53,e0e $37,000 $ 31,000 Raw materials 0rk in process Finished goods % 32,000 The total manufacturing costs for the year were $685.000; the cost of goods available for sale totaled $740,000; the unadjusted cost of goods sold totaled $662.000; and the net operating income was $36,000. 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.) Complete this question by entering your answers in the tabs below. Prey 5 of 5 lll Saved Complete this question by entering your answers in the tabs below. COGS Schedule Schedule Income COGM StatementS Prepare a schedule of cost of goods manufactured. rior Company Schedule of Cost Goods Manufactured Direct materials Beginning raw materials inventory S 53,000 Add Purchases of raw materials 267,000 Total raw materials available 320,000 Less Ending raw materials inventory (37,000) Raw materials used in production Direct labor 283,000 369,000 Manufacturing overhead applied to work in process Total manufacturing costs 652,000 13,000 Add. Beginning work in process inventory 665,000 ess Ending work in process inventory (31,000) S 634,000 Cost of goods manufactured COGM Schedule> COGS Schedule K Prev 5 of 5 Complete this question by entering your answers in the tabs below. COGSCOGM Income Statement Schedul Schedule Prepare a schedule of cost of goods sold. Superior Company Schedule of Cost of Goods Sold Beginning finished goods inventory 32,000 Add Cost of goods manufactured 634,000 Cost of goods available for sale 666,000 Less Ending finished goods inventory Adjusted cost of goods sold K Income Statement COGM Schedule> Complete this question by entering your answers in the tabs below. COGS ScheduleSchedule Inome Statement COGM Prepare an income statement for the year Superior Company Income Statement Sales Cost of goods sold Gross margin Selling and administrative expenses Selling expenses Administrative expenses 0 Net operating income COGS Schedule> ncome Statemen

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