7) Bledsoe Corporation has provided the following data for the month of November: Beginning Ending Raw materials Work in process Finished Goods Additional information: Raw materials purchases Direct labor cost 25,000 $ 17,000 $ 48,000 $ 21,000 10,000 56,000 $ 72,000 $ 92,000 Manufacturing overhead cost incurred $ 42,000 $ 4,000 Indirect materials included in manufacturing overhead cost incurred Manufacturing overhead cost applied to Work in Process $ 41,000 Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. Required: Prepare a Schedule of Cost of Goods Manufactured and a Schedule of Cost of Goods Sold.

7) Bledsoe Corporation has provided the following data for the month of November: Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. Required: Prepare a Schedule of Cost of Goods Manufactured and a Schedule of Cost of Goods Sold. 7) Bledsoe Corporation has provided the following data for the month of November: Raw materials Work in process Finished Goods Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. Required: Prepare a Schedule of Cost of Goods Manufactured and a Schedule of Cost of Goods Sold