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The fowing data from the incompleted year are taken from the accounting records of Mason Company ni labor con parchas pe rative Matting what to work in proces ettverhead 5651,000 $ 16,000 140,000 5103,000 $ 45.000 5239,000 $ 200.000 Hati WER Find ooda 1,500 10,400 5.000 21.000 536.000 3.25.600 Required: 1. Prepare a schedule of cost of goods manufactured. Assume allow materials used in production were direct materials 2. Prepare a schedule of cost of goods sold. Assume that the company's underapplied or overapplied overhead is closed to Cost of Goods Sold 3. Prepare an income statement Complete this question by entering your answers in the tabs below. Required Food Prepare schedule of cost of goods manufactured. Assume a row materials sed in production were direct materials Goods Sold of cost of goods so. Assume that the company's under polied or overlied overhead is closed to Cost of Propre come statement Complete this question by entering your answers in the tabs below. ured Po schedule of cut o good manutactured. Assume raw materials used in production were direct materials Com Tube Con man Complete this question by entering your answers in the tabs below. Required Required 2 Required Prepare a schedule of cost of goods sold. Assume that the company's underapplied or overapplied overhead is closed to Cost of Goods Sold Mesin Company Schedule of Cost of Goods Sold Complete this question by entering your answers in the tabs below. Required 2 Required 3 Prepare an income statement Mon Com nament 0 Selling and administrative expenses O 0 Rred2 Prepare a schedule of cost of goods manufactured. Assume all raw materials used in production were direct materials, Maison Company Schedule of Cost of Goods Manufactured Direct materials Beginning raw materials inventory Direct labor Ending raw materials inventory Indirect labor Manufacturing overhead Cost of goods manufactured Required 2 > Prepare a schedule of cast of goods manufactured. Assume all raw materials used in production were direct materiais Mason Company Schedule of Cost of Goods Manufactured Direct materials Pusat Ending raw materials inventory Indirect labor Manufacturing overhead Purchases of raw materials Utilities, factory Cost of goods manufactured Required 23 Required Required 2 Required Prepare a schedule of cost of goods sold. Assume that the company's underapplied or overapplied overhead is closed to Cost of Goods Sold Manon Company Schedule of Cost of Good Sold Beginning finished goods inventory Beginning raw materials inventory Beginning work in process inventory Ending finished goods inventory Ending raw materials inventory ured Required 3 > Required 1 Required 2 Required 3 Prepare a schedule of cost of goods sold. Assume that the company's underapplied or overapplied overhead is closed to Cost of Goods Sold Manon Company Schedule of Cost of Goods Sold Beginning raw materials inventory Beginning work in process inventory Ending finished goods inventory Ending raw materials inventory Ending work in process inventory Tequired 1 Required 3 > Prepare an income statement. Mason Company Income Statement Accounts payable 0 Accounts receivable Accumulated depreciation Administrative expense 0 $ 0 Cash Required 2 Required 1 Required 2 Required 3 Prepare an income statement. Mason Company Income Statement 0 Cash Cost of goods sold Depreciation expense Direct labor Finished goods 0 0

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