The following cost and inventory data are taken from the accounting records of Mason Company for the year just completed:

Costs incurred:
Direct labor cost	$	80,000
Purchases of raw materials	$	137,000
Manufacturing overhead	$	204,000
Advertising expense	$	49,000
Sales salaries	$	104,000
Depreciation, office equipment	$	225,000

	Beginning of the Year			End of the Year
Inventories:
Raw materials	$	8,200		$	10,300
Work in process	$	5,300		$	20,300
Finished goods	$	72,000		$	25,300

Required:

1.	Prepare a schedule of cost of goods manufactured.

MASON COMPANY Schedule of Cost of Goods Manufactured Direct materials: Raw materials available for use Raw materials used in production Total manufacturing costs Cost of goods manufactured $ 0