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Current Attempt in Progress At May 31, 2022, the accounts of Pharoah Company show the following 1. 2 May 1 inventories-finished goods $14,080, work in process $16,400, and raw materials $9.120. May 31 Inventories-finished goods $10,640, work in process $17,840, and raw materials $7.920. Debit postings to work in process were direct materials $69.920, direct labor $56,000, and manufacturing overhead applied $44,800. (Assume that overhead applied was equal to overhead incurred.) 3. 4. Sales revenue totaled $240.800. (a) Prepare a condensed cost of goods manufactured schedule for May 2022 PHAROAH COMPANY Cost of Goods Manufactured Schedule