Armistice International has provided the following information for their manufacturing plant. Inventory information follows:

Inventories:	1-May	31-May
Raw Materials	$ 89,530	$ 75,890
Work-in-process	$ 29,870	$ 31,860
Finished goods	$ 259,870	$ 159,860

Additional information follows:

Additional Information:
Raw materials purchases	$ 179,856
Direct labor	359,867
Manufacturing Overhead Incurred	168,794
Manufacturing overhead applied	189,560

Exam question 4.xlsx Download Exam question 4.xlsx

Required:

1) Complete Schedule for Cost of Goods Manufactured in good form.

2) Complete Schedule for Cost of Goods Sold in good form.