At May 31, 2022, the accounts of Crane Company show the following. 1. May 1 inventories -finished goods $10,330, work in process $12,050, and raw materials $6,720. 2. May 31 inventories -finished goods $7,790, work in process $13,040, and raw materials $5,820. 3. Debit postings to work in process were direct materials $51,170, direct labor $41,000, and manufacturing overhead applied $32,800. (Assume that overhead applied was equal to overhead incurred.) 4. Sales revenue totaled $176,300. CRANE COMPANY Cost of Goods Manufactured Schedule $