ventories-shed goods $12,900, work in process $14,800, and raw materials 58,900 2. May 31 inventories-finished goods $9,700, work in process $19,000, and raw materials $7,400. 3. Increases to work in process were direct materials $64,500, direct labor $52.600, and manufacturing overhead applied $42,000. 4. Sales revenue totaled $216,600. Prepare a condensed cost of goods manufactured schedule SHEFFIELD COMPANY Cost of Goods Manufactured Schedule . Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR EXERCISE