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The following data from the just completed year are taken from the accounting records of Mason Company: Required: 1. Prepare a schedule of cost of

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed The following data from the just completed year are taken from the accounting records of Mason Company: 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. Prebare a schedule of cost of aoods manufactured. Assume all raw materials used in produc Prepare a schedule of cost of goods sold. Assume that the compa of Goods Sold. Prepare an income statement

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