The following data from the just completed year are taken from the accounting records of Mason Company: Required: 1. Pre

[answerhappygod]

The following data from the just completed year are taken fromthe accounting records of Mason Company:
Required:
1. Prepare a schedule of cost of goods manufactured. Assume allraw materials used in production were direct materials.
2. Prepare a schedule of cost of goods sold. Assume that thecompany's underapplied or overapplied overhead is closed to Cost ofGoods Sold.
3. Prepare an income statement.