Question: Help will thumbs up! Exercise 20-9 At May 31, 2017, the accounts of Lopez Company show the following. 1. May 1 inventories-finished goods $14,300, work

Help will thumbs up! Help will thumbs up! Exercise 20-9 At May 31, 2017, the

accounts of Lopez Company show the following. 1. May 1 inventories-finished goods

$14,300, work in process $17,400, and raw materials $8,800 2. May 31

inventories-finished goods $9,900, work in process $16,000, and raw materials $7,500. 3.

Exercise 20-9 At May 31, 2017, the accounts of Lopez Company show the following. 1. May 1 inventories-finished goods $14,300, work in process $17,400, and raw materials $8,800 2. May 31 inventories-finished goods $9,900, work in process $16,000, and raw materials $7,500. 3. Debit postings to work in process were direct materials $64,700, direct labor $50,400, and manufacturing overhead applied $42,500. 4. Sales revenue totaled $216,000

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