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pls help thank u The following data from the just completed year are taken from the accounting records of Mason Company: sales $ 657,000 Direct

pls help thank u

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The following data from the just completed year are taken from the accounting records of Mason Company: sales $ 657,000 Direct labor cost $ 83,000 Raw material purchases $ 140,000 Selling expenses $ 109,000 Administrative expenses $ 43,000 Manufacturing overhead applied to work in process 5 210,000 Actual manufacturing overhead costs $ 230,000 I Inventories Beginning Ending Raw materials $ 8,400 $ 10,400 Work in process $ 5,100 $ 20,100 Finished goods $ 79,000 $ 25,200 I 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 that the company's underapplied or overapplied overhead is closed to Cost of Goods Sold. 3. Prepare an income statement

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