Return to Blackboard S Weygandt, Managerial Accounting, 8e Help System Announcements 1 Exercise 172 At May 31, 2019, the accounts of Kuhlmann Manufacturing Company show the following. May 1 inventories-finished goods $12,600, work in process $14,700, and raw materials $8,200. May 31 inventories-finished goods $8,500, work in process $22,900, and raw materials $7,100. Debit postings to work in process were: direct materials $77,400, direct labor $50,000, and manufacturing overhead applied $45,000 Sales totaled $225,000 2 3 4 Prepare a condensed cost of goods manufactured schedule. KUHLMANN MANUFACTURING COMPANY Cost of Goods Manufactured Schedule For the Month Ended May 31, 2019 . Prepare an income statement for May through gross profit. KUHLMANN MANUFACTURING COMPANY Income Statement For the Month Ended May 31, 2019 MacBook Pro (@ $ # 3 % 5 & 7 2 4 * 00 6 9 O W E R T Y U u C dy Prepare an income statement for May through gross profit. KUHLMANN MANUFACTURING COMPANY Income Statement For the Month Ended May 31, 2019 $ Click if you would like to Show Work for this question: Open Show Work Q MacBook Pro # 3 2 $ 4 ? & 7 6 8 E R T Y