The following cost and inventory data are taken from the accounting records of Mason Company for the year just completed: Costs incurred: Direct labour cost Purchases of raw materials Indirect labour Maintenance, factory equipment Advertising expense Insurance, factory equipment Sales salaries Rent, factory facilities Supplies Depreciation, office equipment Depreciation, factory equipment $ 85,000 135,000 37,500 7,500 105,000 1,050 65,000 31,500 6,100 28,500 5,000 Beginning of the Year End of the Year Inventories: Raw materials $ 9,500 $18,000 Work in process Finished goods 11,800 6,650 39,600 24,750 Required: 1. Prepare a schedule of cost of goods manufactured. Direct materials MASON COMPANY Schedule of Cost of Goods Manufactured