Inbox - bizzyangel11@gmai Connect Assignment, Week My Questions | Tutors | Das Connect Assignment, Week Week 1 Individual Assig X + ezto.mheducation.com/hm.tpx 2 The following cost and inventory data are taken from the accounting records of Mason Company for the year just completed: Costs incurred: O Direct labor cost $ 81,000 Purchases of raw materials $ 133,000 Manufacturing overhead Advertising expense Sales salaries Depreciation, office equipment $ 208,000 $ 47,000 $ 105,000 $225,000 Beginning End of of the Year the Year Inventories: Raw materials $ 8,300 $10,700 Work in process $ 5,200 $20,500 Finished goods $ 77,000 $25,300 Required: 1. Prepare a schedule of cost of goods manufactured. Direct materials: MASON COMPANY Schedule of Cost of Goods Manufactured Raw materials available for use 0 Raw materials used in production Type here to search e $ 0 ? 5:51 PM 8/21/2018 20 Inbox - bizzyangel11@gmai Connect Assignment, Week My Questions | Tutors | Das Connect Assignment, Week Week 1 Individual Assig X + ezto.mheducation.com/hm.tpx 2 O H Raw materials available for use 0 Raw materials used in production Total manufacturing costs Cost of goods manufactured 0 0 0 0 2. Prepare the cost of goods sold section of Mason Company's income statement for the year. MASON COMPANY Schedule of Cost of Goods Sold Beginning finished goods inventory Goods available for sale Cost of goods sold Type here to search 9 s e | = ? 5:51 PM 8/21/2018 20