The following data from the just completed year are taken from the accounting records of Mason Company Sales Direct labor cost Row material purchases Selling expenses Administrative expenses Manufacturing over head applied to work in process Actual manufacturing overhead costs $ 699,00 36,90 $ 136,00 $ 100.000 $ 41, $ 230, 5202,00 Tiweritories Raw materials Work in process Finished goods Betining 5 3,600 55.900 $ 79,000 Ending $ 10,100 $ 20,400 525,100 Required: 1. Prepare a schedule of cost of goods manufactured. Assume all raw materials used in production were direct materials 2. Prepare a schedule of cost of goods sold Assume that the company's underapplied or overapplied overhead is closed to Cost of Goods Sold. 3. Prepare an income statement Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Prepare a schedule of cost of goods manufactured. Assume all raw materials used in production were direct materials. Mason Company Schedule of Cost of Goods Manufactured Dired material 4 The following data from the just completed year are taken from the accounting records of Mason Company 25 points Sales Direct labor cost Raw material purchases Selling expenses Administrative expenses Manufacturing overhead applied to work in process Actual manufacturing overhead costs $ 659,900 $ 86,00 $ 136,900 $ 108, $41,000 $ 230,00 $ 202,000 eBook Hint Inventories Row materials Work in process Finished goods Beginning Ending $ 8,600 $ 10,100 $ 5,900 $ 20,400 $ 79,000 25,300 PH oferences Required: 1. Prepare a schedule of cost of goods manufactured. Assume alt raw materials used in production were direct materials 2. Prepare a schedule of cost of goods sold. Assume that the company's underapplied or overopplied overhead is closed to cost of Goods Sold 3. Prepare an income statement Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required) Prepare a schedule of cost of goods manufactured. Assume all raw materials used in production were direct materials. Mason Company Schedule of Cost of Goods Manufactured Direct materials The following data from the just completed year are taken from the accounting records of Mason Company Sales Direct labor cost Raw material purchases Selling expenses Administrative expenses Manufacturing overhead applied to work in process Actual manufacturing overhead costs $ 659.000 $86,000 $ 136,000 $ 188,000 $ 41,000 $ 230,000 $ 202,600 Inventories Raw materials Work in process Finished goods Beginning $ 8,600 $ 5,900 $ 79,000 Ending $ 10,100 $ 20,400 $ 25,308 Required: 1. Prepare a schedule of cost of goods manufactured. Assume all raw materials used in production were direct materials. 2. Prepare a schedule of cost of goods sold. Assume that the company's underapplied or overapplied overhead is closed to Cost of Goods Sold 3. Prepare an income statement