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At May 31, 2022, the accounts of Wildhorse Manufacturing Company show the following. 1. May 1 inventories-finished goods $15,372, work in process $17,934, and
At May 31, 2022, the accounts of Wildhorse Manufacturing Company show the following. 1. May 1 inventories-finished goods $15,372, work in process $17,934, and raw materials $10,004. 2. May 31 inventories-finished goods $10,370, work in process $27,938, and raw materials $8,662. 3. Debit postings to Work in Process Inventory were: direct materials $94,428, direct labor $61,000, and manufacturing overhe 4. Sales totaled $274,500. (a) Prepare a condensed cost of goods manufactured schedule. WILDHORSE MANUFACTURING COMPANY Cost of Goods Manufactured Schedule
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