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Please help me!! Struggling Superior Company provided the following accountbalances for the year ended December 31 (all raw materials are used in production as direct

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Superior Company provided the following accountbalances for the year ended December 31 (all raw materials are used in production as direct materials) Selling expenses $211,000 Purchases of raw materials $267,000 Direct labor Administrative expenses $159,000 Manufacturing overhead applied to work in process $331,000 Total actual manufacturing overhead costs $353,000 Inventory balances at the beginning and end of the year were as follows Beginning of Year End of Year Raw materials $60,000 $36,000 Work in process $23,000 Finished goods $36,000 The total manufacturing costs for the year were $670.000 the cost ofgoods available for sale totaled $740.000 the unadjusted cost of goods sold totaled $660.000; and the net operating income was $33.000. The company's overapplied or underapplied overhead is closed entirely to Cost ofGoods Sold. (Hint Prepare the income statement and schedule of cost of goods sold first followed by the schedule of cost of goods manufactured.) Required: a. Prepare a schedule of cost of goods manufactured. SUPERIORCOMPANY llllllllllllllllllllllllllllllll Schedule of cost Goods Manufactured llllllllllllllll Direct materials Raw materials inventory beginning 60,000 Add Purchase of raw materials 267.000 Raw materials available 327,000 Less: Raw materials inventory, ending 36.000 Raw materials used in production Direct labor Manufacturing overhead applied to work in process inventor Total manufacturing costs Add: Work in process inventory beginning cost of goods manufactured

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