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At May 31, 2020, the accounts of Sunland Company show the following. 1. May 1...

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Accounting

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At May 31, 2020, the accounts of Sunland Company show the following. 1. May 1 inventories-finished goods $13,000, work in process $17,400, and raw materials $8,500. 2. May 31 inventories-finished goods $9,700, work in process $16,500, and raw materials $7,500. 3. Debit postings to work in process were direct materials $64,100, direct labor $52,800, and manufacturing overhead applied $40,400. (Assume that overhead applied was equal to overhead incurred.) 4. Sales revenue totaled $216,400. Prepare a condensed cost of goods manufactured schedule

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