Required: 1. Prepare a schedule of cost of goods manufactured. Assume all raw materlals used in production were direct materlals. 2. Prepare a schedule of cost of goods sold. Assume that the company's underapplied or overapplied overhead is closed to Cost 0 Goods Sold. 3. Prepare an Income statement. Complete this question by entering your answers in the tabs below. Prepare a schedule of cost of goods sold. Assume that the company's underapplied or overapplied overhead is closed to Cost of Goods Sold. Required: 2. Prepore s schedule of cost of goods menufisctured. Agsume ol rsw materisla used in production were direct msterisa. 2 Prepore s schedule of cost of goods sald. Aasume that the compsny's underspplied or aversppled overhesd is closed to Coat o Goods Sald. 3. Prepore sn Income stetement. Complete this question by entering your answers in the tabs below. Prepare a schectle of cost of quods manufactured. Asaume all raw materials used in production were dirent materiala. The following data from the just completed year are taken from the accounting records of Mason Company: Required: 1. Prepare a schedule of cost of goods manufactured. Assume all raw materlals used in production were direct materlals. 2. Prepare a schedule of cost of goods sold. Assume that the company's underapplied or overapplied overhead ls closed to Cost 0 Goods Sold. 3. Prepare an Income statement. Complete this question by entering your answers in the tabs below. Prepare an income statement