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The following data from the just completed year are taken from the accounting records of Mason Company Balas Direct labor cost aterial purchases selling expenses
The following data from the just completed year are taken from the accounting records of Mason Company Balas Direct labor cost aterial purchases selling expenses Adierative Manfacturing overheadpplied to work in process Atwal manufacturing overhead coata $ 640,000 386.000 $ 135,000 $107.000 $ 40.000 $ 200,000 # 226,000 eriale a in process Pinished Beginning Ending $ 0,100 $ 10,500 $5,500 20.00 $ 12,000 $25,500 . Required: 1. Prepare a schedule of cost of goods manufactured. Assume allow 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 Prepare an income statement Complete this question by entering your answers in the tabs below. repere schedule of cost of goods mandatured Aune allraw materiale din production were direct materials D 4 3. Prepare an income statement Complete this question by entering your answers in the tabs below. 416 Required 1 Required 2 Required 3 ok Prepare a schedule of cost of goods manufactured. Assume al raw materials used in production were direct materiais Mon Company Schedule of Conte Dede Manufactured Darma Required 4 Required: 1. Prepare a schedule of cost of goods manufactured. Assume raw materials used in production were direct materials 2. Prepare a schedule of cost of goods sold. Assume that the company's underapplied or over applied overhead is closed to Cost of Goods Sold 3. Prepare an income statement 4.15 Complete this questiol by entering your answers in the tabs below. aans Fleired 1 Required 2 Required 3 Hve Preparachute of cost of goods sold. Assume that the company's underapped or overapplied overhead is closed to Cout of Goods Sold Mason Company Bed Cod Required 1 Required) 3 HW Saved 4 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. 5 nts Complete this question by entering your answers in the tabs below. eBook Required 1 Required 2 Required 3 Hir Prepare an income statement. Mason Company Income Statement ferences 0 Selling and administrative expenses 0 0 $
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