The following data from the just completed year are taken from the accounting records of Mason Company: points Sales Direct labor cost Raw material purchases Selling expenses Administrative expenses Manufacturing overhead applied to work in process Actual manufacturing overhead costs $ 653,000 $ 87,000 $ 136,000 $ 102,000 $ 47,000 $ 203,000 $ 229,000 eBook Hint Print References Inventories Raw materials Work in process Finished goods Beginning $ 8,500 $ 5,300 $ 76,000 Ending $ 10,600 $ 20,400 $ 25,700 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 3 of cost of oods manufactured Assume all raw materials used in production were direct materials 3. Prepare an income staterrierit. Complete this question by entering your answers in the tabs below. points Required 1 Required 2 Required 3 eBook Prepare a schedule of cost of goods manufactured. Assume all raw materials used in production were direct materials. Hint Mason Company Schedule of Cost of Goods Manufactured Print Direct materials: References Total raw materials available Raw materials used in production Total manufacturing costs Cost of goods manufactured 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. points eBook Complete this question by entering your answers in the tabs below. Hint Print Required 1 Required 2 Required 3 References Prepare a schedule of cost of goods sold. Assume that the company's underapplied or overapplied overhead is closed to Cost of Goods Sold. Mason Company Schedule of Cost of Goods Sold 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. 10 points Complete this question by entering your answers in the tabs below. eBook Hint Required 1 Required 2 Required 3 Print Prepare an income statement. References Mason Company Income Statement Selling and administrative expenses: $