What is one of the disadvantages of getting a government-sponsored mortgage? a. government mortgages involve more up-front fees than conventional mortgages. b. government mortgages put a limit on the purchase price of a house. c. government mortgages require the payment of higher taxes. d. government mortgages allow the government to seize the property for public use.
2b2t

The following cost and inventory data are taken from the accounting records of mason company for the year just completed: costs incurred: direct labor cost $ 90,000 purchases of raw materials $ 134,000 manufacturing overhead $ 205,000 advertising expense $ 45,000 sales salaries $ 101,000 depreciation, office equipment $ 225,000 beginning of the year end of the year inventories: raw materials $ 8,100 $ 10,300 work in process $ 5,900 $ 21,000 finished goods $ 77,000 $ 25,800 required: 1. prepare a schedule of cost of goods manufactured. 2. prepare the cost of goods sold section of mason company’s income statement for the year.