pped The following data from the just completed year are taken from the accounting records of Mason Company: Sales Direct labor cont Raw material purchases Selling expenses Administrative expenses Manufacturing overhead applied to work in process Actual manufacturing overhead costs $650,000 $1,000 $136,000 $102,000 $ 49,000 225,000 $204,000 Inventories Raw materials Beginning Ending $9,000 $10,300 Ook Work in process Finished goods 5.5.300 $20,000 $75,000 $25,500 ces 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3: Prepare a schedule of cost of goods manufactured. Assume all raw materials used in production were direct materials. Mason Company Schedule of Cost of Goods Manufactured Direct materials: