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8. The schedule below is similar to Exhibit 2-12 on page 34 of our text (starting with the first yellowed line). Using the cost of

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8. The schedule below is similar to Exhibit 2-12 on page 34 of our text (starting with the first yellowed line). Using the cost of goods manufactured amount you computed in #8 above and the inventory balances for work in process from Herman Miller Inc. financial information file, compute Total manufacturing costs for the year. (12 points) Herman Miller Inc. Schedule of Cost of Goods Manufactured for the year ended June 2, 2018 amounts in millions Total manufacturing costs for the year Add: Beginning work in process inventory (June 3, 2017) Total cost of work in process during the year Less: Ending work in process inventory (June 2, 2018) Cost of goods manufactured (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. 8. The schedule below is similar to Exhibit 2-12 on page 34 of our text (starting with the first yellowed line). Using the cost of goods manufactured amount you computed in #8 above and the inventory balances for work in process from Herman Miller Inc. financial information file, compute Total manufacturing costs for the year. (12 points) Herman Miller Inc. Schedule of Cost of Goods Manufactured for the year ended June 2, 2018 amounts in millions Total manufacturing costs for the year Add: Beginning work in process inventory (June 3, 2017) Total cost of work in process during the year Less: Ending work in process inventory (June 2, 2018) Cost of goods manufactured (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

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