Prepare a schedule of cost of goods sold. Assume that the company's inderapplied or overappled overheod is dosed to Cost of Goods soid. Prepare an income statement. Prepare a schedule of cost of goods manufactured. Assume all raw materials used in production were direct materiais. The following data from the just completed year are taken from the accounting records of Mason Company. Required: 1. Prepare a schedule of cost of goods manufactured. Assume all raw materials used in production were direct materials. 2. Prepare a schedule of cost of goods sold. Assume that the companys underapplied or overappled overhead is closed to cost of Goods Sold. 3. Prepare an income statement. Complete this question by entering your answers in the tabs below. 1. Prepare a schedule of cost of goods manufactured. Assume all raw materials used in production were direct materials. 2. Prepare a schedule of cost of goods sold. Assume that the company's underapplied of overapplied overhead is closed to Cost of Goods Sold. 3. Prepare an income statement. Complete this question by entering your answers in the tabs befow. Prepare a schedule of cost of goods manufactured. Assume all raw materials used in production were direct materials