The following data from the just completed year are taken from the accounting records of Mason Company 652,000 Sales 86,000 Direct labor cost Raw material purchases 134,000 Selling expenses 107,000 47,000 Administrative expenses Manufacturing overhead applied to work in process 206,000 222,000 Actual manufacturing overhead costs Beginning End of Year Inventories of Year Raw materials 8,800 10,100 Work in process 5,300 20,000 Finished goods 72,000 25,900 Required 1. 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: Raw materials available for use