Sales	$ 654,000
Direct labor cost	$ 83,000
Raw material purchases	$ 137,000
Selling expenses	$ 102,000
Administrative expenses	$ 47,000
Manufacturing overhead applied to work in process	$ 221,000
Actual manufacturing overhead costs	$ 209,000

Inventories	Beginning	Ending
Raw materials	$ 8,100	$ 10,400
Work in process	$ 6,000	$ 20,800
Finished goods	$ 77,000	$ 25,800

Mason Company Schedule of Cost of Goods Manufactured Beginning work in process inventory Direct materials: Mason Company Schedule of Cost of Goods Sold Beginning finished goods inventory Add: Cost of goods manufactured Cost of goods available for sale Unadjusted cost of goods sold Adjusted cost of goods sold Mason Company Income Statement