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7 Bledsoe Corporation has provided the following data for the month of November: Beginning Ending s 18,400 $11,400 Raw materials 26,400 $22,400 Work in process
7 Bledsoe Corporation has provided the following data for the month of November: Beginning Ending s 18,400 $11,400 Raw materials 26,400 $22,400 Work in process Finished Goods $ 49,400 $57,400 Additional information: Raw materials purchases Direct labor cost Manufacturing overhead cost incurred Indirect materials included in manufacturing overhead cost incurred Manufacturing overhead cost applied to Work in Process $73,400 $93,400 $43,540 4,140 $42,400 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
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