Saved You received partial credit in the pr 2 The following data from the just completed year are taken from the accounting records of Ma Sales Direct labor cost Raw material purchases Selling expenses Administrative expenses Manufacturing overhead applied to work in process Actual manufacturing overhead costs $ 657,000 $ 81,000 $ 139,000 $ 103,000 $ 48,000 $208,000 $225,000 50:17 Inventories Raw materials Work in process Finished goods Beginning 9,000 $ 5,700 $ 76,000 Ending $ 10,800 $ 20,700 $ 25,200 Required: 1. Prepare a schedule of cost of goods manufactured. Assume all raw materials used in production 2. Prepare a schedule of cost of goods sold. Assume that the company's underapplied or overapp 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 din Mason Company Schedule of Cost of Goods Manufactured Direct materials by entering your answers in the tabs below. 10 points Required 1 Required 2 8 02:49:27 Required to Prepare an income statement. Mason Company Income Statement eBook Hint Selling and administrative expenses 0 Print eferences 0 S 0