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 $124,900 119,800 77,000 $ 85,000 146,600 Finished goods During April 80,000 Costs of raw materials purchased Costs of direct labor $118,800 100,600 Costs of manufacturing overhead Sales revenues 62,700 351,000 Required a. Prepare a schedule of cost of goods manufactured and sold. b. Calculate the amount of gross margin on the income statement. Complete this question by entering your answers in the tabs below.