The following information pertains to Campbell Manufacturing Company for March Year 3. Assume actual overhead equaled applied overhead. $123,100 118,200 76,700 March 1 Inventory balances Raw materials Work in process Finished goods March 31 Inventory balances Raw materials Work in process Finished goods During March Costs of raw materials purchased Costs of direct labor Costs of manufacturing overhead Sales revenues $ 85,000 146,900 80,900 $ 118,100 101,200 62,300 351,000 Required a. Prepare a schedule of cost of goods manufactured and sold. b. Calculate the amount of gross margin on the income statement. Required A Required B Prepare a schedule of cost of goods manufactured and sold. CAMPBELL MANUFACTURING COMPANY Schedule of Cost of Goods Manufactured and Sold For March Year 3 Raw materials available for use Direct raw materials used Total manufacturing costs Total work in process inventory Cost of goods manufactured Cost of goods available for sale Cost of goods sold Required A Required B Calculate the amount of gross margin on the income statement. Gross margin