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At May 312022, the accounts of Pharoah Company show the following. 1 2 3 May 1 inventories-finished goods $ 11,330, work in process $ 13,210,

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At May 312022, the accounts of Pharoah Company show the following. 1 2 3 May 1 inventories-finished goods $ 11,330, work in process $ 13,210, and raw materials $ 7,360. May 31 inventories-finished goods $ 8,550, work in process $ 14,320, and raw materials $6,380. Debit postings to work in process were direct materials $ 56,170, direct labor $ 45,000, and manufacturing overhead applied $36,000. Assume that overhead applied was equal to overhead incurred.) Sales revenue totaled $ 193,500. 4 Prepare a condensed cost of goods manufactured schedule for May 2022 PHAROAH COMPANY Cost of Goods Manufactured Schedule For the Month Ended May 31, 2022 4

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