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At May 31, 2022, the accounts of Cullumber Manufacturing Company show the following 1 May 1 inventories-finished goods $16,128, work in process $18,816, and
At May 31, 2022, the accounts of Cullumber Manufacturing Company show the following 1 May 1 inventories-finished goods $16,128, work in process $18,816, and raw materials $10,496. 2 May 31 Inventories-finished goods $10,880, work in process $29,312, and raw materials $9,088. Additions to work in process inventory were: direct materials $99,072, direct labor $64,000, and manufacturing overhead applied $57,600. 3. 4. Sales totaled $288,000. (a) Prepare a condensed cost of goods manufactured schedule. CULLUMBERMANUFACTURING COMPANY Cost of Goods Manufactured Schedule $
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