The following information pertains to Flaxman Manufacturing Company for April. Assume actual overhead equaled applied overhead. $$124,200118,50077,200$ April $1$ Inventory balances Raw materials Work in process Finished goods April $30$ Inventory balances Raw materials Work in process Finished goods During April Costs of raw materials purchased Costs of direct labor Costs of manufacturing overhead Sales revenues $ $86,400146,10080,200$ $$118,200100,80061,700351,000$ 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. Required A Required B Prepare a schedule of cost of goods manufactured and sold. FLAXMAN MANUFACTURING COMPANY Schedule of Cost of Goods Manufactured and Sold For April 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 soldComplete 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$33$

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

$$124,000$

$118,700$

$76,300$

$10$ points

$00$:$32$:$23$

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.

Required A

Required B

Calculate the amount of gross margin on the income statement.

Gross margin

Required A

Required B