Current Attempt in Progress At May 31, 2020, the accounts of Lopez Company show the following 1. 2. 3. May 1 inventories-finished goods $13,600, work in process $15,800, and raw materials $9,200. May 31 inventories-finished goods $9,700, work in process $17,600, and raw materials $7,900. Debit postings to work in process were direct materials $64,700, direct labor $52,300, and manufacturing overhead applied $41,600. (Assume that overhead applied was equal to overhead incurred.) Sales revenue totaled $216,200. 4. (a) Prepare a condensed cost of goods manufactured schedule. LOPEZ COMPANY Cost of Goods Manufactured Schedule $ $ 11