Exercise -
At May 31, 2014, the accounts of Mantle Company show the following.
1. May 1 inventories - ?nished goods $14,640, work in prom $16,600, and raw materials $8,670.
2. May 31 inventories - ?nished goods $9,380, work in prom-55 $20,000r and raw materials $7,970.
3. Debit postings tn work In prom-s were direct materials $62,580, direct labor $52,430, and manufacturing overhead applied $41,030.
4. Sales revenue totaled $211,880.
Prepare a condensed cost of goods manufactured Schedule.