7. The schedule below looks similar to Exhibit 2-13 on page 35 of our text. The computation is described at the bottom of page 34. Using the information from the financial information file, fill in the inventory balances, compute the amount of Cost of goods manufactured. Cost of goods sold for the year ended June 2, 2018 is filled in for you. (12 points) Herman Miller Inc. Summary of Cost of Goods Sold for the year ended June 2, 2018 (amounts in millions) Cost of goods manufactured Add: Beginning finished goods inventory (June 3, 2017) Cost of goods available for sale Less: Ending finished goods inventory (June 2, 2018) Cost of goods sold 1,508.2 (In millions) Finished goods June 2, 2018 June 3, 2017 S 42.1 S39.0 Work in process 82.1 80.0 Raw materials 38.2 334 S Total 162,4 $152.4 Inventories valued using LIFO amounted b $25.5 million and $25.2 million as of June 2, 2018 and June 3, 2017, respectvely. If all inventories had been valued using the frst-in frst-out method, invenbries would have been $175.3 million and $164.6 million at June 2, 2018 and June 3, 2017, respectvely