The following data from the just completed year are taken from the accounting...

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Accounting

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