Mason Company provided the following data for this year:

Sales

Direct labor cost

Raw material purchases

Selling expenses

Adninistrative expenses

Nanufacturing overhead applied to work in process

$$651,000$

$$81,000$

$$139,000$

$$105,000$

$$48,000$

$$226,000$

$$200,000$

Actual panufacturing overhead costs

$\backslash$table$[[$Inventories$,$Beginning,Ending$],[$Raw euterials,$ $8,900,$$ $10,500],[$Work in process,$ $5,300,$$ $20,800],[$Finished goods,$ $79,690,$$ $25,900]]$

Required:

$1$ Prepare a schedule of cost of goods manufactured. Assume all raw materials used in production were direct materials.

$2.$ Prepare a schedule of cost of goods sold. Assume the company's underapplled or overapplied overhead is closed to Cost of Goods Sold

$3$ Prepare an income statement.

Complete this question by entering your answers in the tabs below.

Required $1$

Required $2$

Prepare a schedule of cost of goods manufactured. Assume all raw materials used in production were direct materials.

$\backslash$table$[[$Mason Company$],[$Schedule of Cost of Goods Manufactured,$],[$Dred matarials:,$],[,]]$