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Superior Company provided the following data for the year ended December 31 Citraw ma materials 23,00 Segewens Dit labor Matiesen Haturing overhead applied to work

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Superior Company provided the following data for the year ended December 31 Citraw ma materials 23,00 Segewens Dit labor Matiesen Haturing overhead applied to work in proces Al waters overhead cost 5 372.000 Inventory balances at the beginning and end of the year were as follows: Raw materials Work in procesa Finished goods of Year of Yoar $ 51,000 $ 33.000 $ 26,000 + 35,000 The total manufacturing costs for the year were $670,000, the cost of goods available for sale totaled $725,000; the unadjusted cost of goods sold totaled $668.000, and the net operating income was $30,000. The company's underapplied or overapplied overhead is closed to Cost of Goods Sold. Required: Prepare schedules of cost of goods manufactured and cost of goods sold and an income statement. (Hint Prepare the income statement and schedule of cost of goods sold first followed by the schedule of cost of goods manufactured.) Complete this question by entering your answers in the tabs below. Income Statement COGS Schedule COM Schedule Required: Prepare schedules of cost of goods manufactured and cost of goods sold and an income statement. (Hint: Prepare the income statement and schedule of cost of goods sold first followed by the schedule of cost of goods manufactured.) Complete this question by entering your answers in the tabs below. Income Statement COGS Schedule COGM Schedule Prepare an income statement for the year. Superior Company Income Statement Selling and administrative expenses: homelement COGS Schedule > Required: Prepare schedules of cost of goods manufac statement and schedule of cost of goods sold first followed by the sc Complete this question by entering your answers in the tabs below. COGM Schedule COGS Schedule Income Statement Prepare a schedule of cost of goods sold. Superior Company Schedule of Cost of Goods Sold Adjusted cost of goods sold COGM Schedule >

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