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Bledsoe Corporation has provided the following data for the month of November: Beginning Ending Raw materials $ 26,000 $ 22,000 Work in process $ 18,000

Bledsoe Corporation has provided the following data for the month of November:

Beginning Ending
Raw materials $ 26,000 $ 22,000
Work in process $ 18,000 $ 11,000
Finished Goods $ 49,000 $ 57,000

Additional information:

Raw materials purchases $ 73,000
Direct labor cost $ 93,000
Manufacturing overhead cost incurred $ 43,100
Indirect materials included in manufacturing overhead cost incurred $ 4,100
Manufacturing overhead cost applied to Work in Process $ 42,000

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.

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