The following data from the just completed year are taken from the accounting records of Mason Company:

Sales	$	653,000
Direct labor cost	$	85,000
Raw material purchases	$	136,000
Selling expenses	$	110,000
Administrative expenses	$	45,000
Manufacturing overhead applied to work in process	$	208,000
Actual manufacturing overhead costs	$	221,000

Inventories	Beginning		Ending
Raw materials	$	8,200	$	10,300
Work in process	$	5,300	$	20,000
Finished goods	$	75,000	$	25,800

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.