At May 31, 2020, the accounts of Kennedy Company show the following May 1 inventories-finished goods $32,600, work in process $14,700, and raw materials $8,200. May 31 inventories-finished goods $9,500, work in process $32,900, and raw materials $7,100. Debit postings to work in process were: direct materials $77,400, direct labor $50,000, and manufacturing overhead applied $45,000. Sales totaled $325,000. Required: Prepare a condensed cost of goods manufactured schedule 7 A B I is E to search LIVE 7C ~ O ENG 09:32 18-10-2021