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Business, 20.09.2019 19:30 xaniawashington

At may 31, 2017, the accounts of lopez company show the following.1. may 1 inventories—finished goods $15,100, work in process $15,900, and raw materials $8,600.2. may 31 inventories—finished goods $9,700, work in process $16,400, and raw materials $7,900.3. debit postings to work in process were direct materials $63,800, direct labor $51,600, and manufacturing overhead applied $40,100.4. sales revenue totaled $216,400. at may 31, 2017, the accounts of lopez company shoat may 31, 2017, the accounts of lopez company sho prepare a condensed cost of goods manufactured schedule. prepare an income statement for may through gross profit. indicate the balance sheet presentation of the manufacturing inventories at may 31, 2017.

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At may 31, 2017, the accounts of lopez company show the following.1. may 1 inventories—finished good...

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