12 of 13 View Policies Current Attempt in Progress < > At May 31, 2022, the accounts of Wildhorse Company show the following 1. May 1 inventories-finished goods $15,330, work in process $17,850, and raw materials $9,920. 2 May 31 inventories-finished goods $11.590, work in process $19,440, and raw materials $8,620. -/7 E 3 Debit postings to work in process were direct materials $76,170, direct labor $61,000, and manufacturing overhead applied $48,800. (Assume that overhead applied was equal to overhead incurred.) 4 Sales revenue totaled $262.300. Prepare a condensed cost of goods manufactured schedule for May 2022. WILDHORSE COMPANY Cost of Goods Manufa Question 12 of 13 < > Prepare a condensed cost of goods manufactured schedule for May 2022. WILDHORSE COMPANY Cost of Goods Manufactured Schedule eTextbook and Media List of Accounts -/7 E Prepare an income statement for May 2022 through gross profit. WILDHORSE COMPANY (Partial) Income Statement eTextbook and Media List of Accounts Question 12 of 13 List of Accounts < > Prepare the balance sheet section of the manufacturing inventories at May 31, 2022. WILDHORSECOMPANY (Partial) Balance sheet eTextbook and Media List of Accounts -/7 E