At May 31, 2022, the accounts of Oriole Company show the following. 1. 2. 3. May 1 inventories-finished goods $ 11,080, work in process $ 12,920, and raw materials $ 7,200. May 31 inventories-finished goods $ 8,360, work in process $ 14,000, and raw materials $ 6,240. Debit postings to work in process were direct materials $ 54,920, direct labor $ 44,000, and manufacturing overhead applied $35,200. (Assume that overhead applied was equal to overhead incurred) Sales revenue totaled $ 189,200. 4. Prepare a condensed cost of goods manufactured schedule for May 2022. ORIOLE COMPANY Cost of Goods Manufactured Schedule May 31, 2022 Work in Process, May 1 Direct Materials Used $ Direct Labor Manufacturing Overhead Applied Total Manufacturing Costs Less Work in Process, May 31 $ Cost of Goods Manufactured