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Superior Company provided the following data for the year ended December 31 (ail raw materials are used in production as direct materials $ 217.000 $ 269,00 Purchase of Taterials Direct labor Mancing the applied to work in process heating overhead cost $155.000 170,000 $350.000 Inventory balances at the beginning and end of the year were as follows testino $30.000 work in pro Finished woode 1 $39,000 The total manufacturing costs added to production for the year were $690.000, the cost of goods table for sale totaled $745.000 the uradjusted cost of goods sold totuled $662,000, and the net operating income was Sato The company's underapplied or overapplied overheed is closed to cost of Goods Sold Required: Prepare schedules of cont of goods manufactured and host of goods sold and an income sentint Prepare the income statement and uchedule of cost of goods sold fint followed by the schedule of cont of goods matured Complete this question by entering your answers in the tabe below Income coas Schedule COM schedule Prepare an rome statement for the year Income Statement COGS Schedule COGM Schedule Prepare an income statement for the year. Superior Company Income Statement Gross margin Selling and administrative expenses: 0 0 Income State So 838 58 DU NO # 3 4 5 6 7 8 W E R

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