The following information pertains to Flaxman Manufacturing Company for April. Assume actual overhead equaled applied overhead. April 1 Inventory balances Raw materials Work in process Finished goods April 30 Inventory balances Raw materials Work in process Finished goods During April Costs of raw materials purchased Costs of direct labor Costs of manufacturing overhead Sales revenues Required $123,500 119,700 76,800 $86,100 146,400 80,300 $118,200 101,000 62,700 352,000 a. Prepare a schedule of cost of goods manufactured and sold. b. Calculate the amount of gross margin on the income statement. Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate comp 10 Kequired A equired b B ts Prepare a schedule of cost of goods manufactured and sold. FLAXMAN MANUFACTURING COMPANY Schedule of Cost of Goods Manufactured and Sold For April Beginning raw materials inventory Manufacturing overhead Raw materials available for use Direct labor Direct raw materials used Beginning work in process inventory Beginning work in process inventory Total manufacturing costs Beginning work in process inventory Total work in process inventory Beginning work in process inventory Cost of goods manufactured Direct labor Cost of goods available for sale Direct labor Cost of goods sold * 0 0 0 0 Required A Required B > Answer is not complete. Complete this question by entering your answers in the tabs below. Required A Required B Calculate the amount of gross margin on the income statement. Gross margin