Question: Exercise 15-9 (Part Level Submission) At May 31, 2017, the accounts of Lopez Company show the following. 1. May 1 inventories-finished goods $15,000, work in
Exercise 15-9 (Part Level Submission) At May 31, 2017, the accounts of Lopez Company show the following. 1. May 1 inventories-finished goods $15,000, work in process $15,400, and raw materials $8,500. 2. May 31 inventories-finished goods $9,900, work in process $16,900, and raw materials $7,800. 3. Debit postings to work in process were direct materials $65,000, direct labor $52,500, and manufacturing overhead applied $40,100. 4. Sales revenue totaled $216,400. (a) Prepare a condensed cost of goods manufactured schedule. LOPEZ COMPANY Cost of Goods Manufactured Schedule Ciick if you would like to Show Work for this question: Open Show Work
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