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At May 31, 2022, the accounts of Wildhorse Manufacturing Company show the following. 1. May 1 inventories-finished goods $16,380, work in process $19,110, and raw
At May 31, 2022, the accounts of Wildhorse Manufacturing Company show the following. 1. May 1 inventories-finished goods $16,380, work in process $19,110, and raw materials $10,660. 2. May 31 inventories-finished goods $11,050, work in process $29,770, and raw materials $9,230. 3. Debit postings to Work in Process Inventory were: direct materials $100,620, direct labor $65,000, and manufacturing overhe: 4. Sales totaled $292,500. (a) Prepare a condensed cost of goods manufactured schedule. At May 31, 2022, the accounts of Wildhorse Manufacturing Company show the following. 1. May 1 inventories-finished goods $16,380, work in process $19,110, and raw materials $10,660. 2. May 31 inventories-finished goods $11,050, work in process $29,770, and raw materials $9,230. 3. Debit postings to Work in Process Inventory were: direct materials $100,620, direct labor $65,000, and manufacturing overhe: 4. Sales totaled $292,500. (a) Prepare a condensed cost of goods manufactured schedule
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