The following data from the just completed year are taken from the accounting records of Mason Company Sales Direct labor cost Raw material purchases Selling expenses Administrative expenses Manufacturing overhead applied to work in process Actual manufacturing overhead costs 659,000 $ 86,000 $ 139,000 $ 106,000 $ 42,000 $ 205,000 $ 227,000 Beginning End of of Year Raw materials Work in process Finished goods 8,700 11,000 5,400 20,900 75,000 25,100 Required: 1. Prepare a schedule of cost of goods manufactured. Assume all raw materials used in production were direct materials. Direct materials: Raw materials available for use Raw materials used in production Total Cost of goods manufactured