Current Attempt in Progress At May 31, 2020, the accounts of Concord Company show the following. 1. May 1 inventories-finished goods $13,500, work in process $15,100, and raw materials $9,000. 2 May 31 inventories-finished goods $9.600, work in process $18,400, and raw materials $7.900. 3. 4. Debit postings to work in process were direct materials $64,300, direct labor $50,400, and manufacturing overhead applied $40,600. (Assume that overhead applied was equal to overhead incurred.) Sales revenue totaled $216,100. (a) Prepare a condensed cost of goods manufactured schedule. CONCORD COMPANY Cost of Goods Manufactured Schedule