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Bledsoe Corporation has provided the following data for the month of November: Inventories: Raw materials Work in process Beginning $ 26,400 Ending $ 22,400
Bledsoe Corporation has provided the following data for the month of November: Inventories: Raw materials Work in process Beginning $ 26,400 Ending $ 22,400 $ 18,400 $ 11,400 $ 49,400 $ 57,400 Finished Goods 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. 13
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