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Saved The following cost and inventory data are taken from the accounting records of Mason...

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Accounting

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Saved The following cost and inventory data are taken from the accounting records of Mason Company for the year just completed costs incurred Direct labour cost Parehases of raw materials Indirect labour Maintenance, factory equipment Advertising expense Tasurance, factory equipment Sales salaries Rent, tactory facilities Supplies Depreciatico, office equipment Depreciation, factory equipment 5.89.000 139,000 39.500 7.900 109,000 1,090 69,000 33,500 6,500 20,500 5,600 Beginning of the Year End of the Year Inventories: Baterials Work in process Finished goods $9.900 12,200 40.000 $18.400 2.050 25, 150 Required: 1. Prepare a schedule of cost of goods manufactured. MASON COMPANY Schedule of Cost of Goods Manufactured Orect materias + Reproduction Mancung tad Total overhead costs Total manutacturing costs Total work in process inventory Costct goods manufactured 2. Prepare the cost of goods sold section of Mason Company's Income statement for the year. MASON COMPANY Income Stament Parti For the your just completed Custofa

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