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Bledsoe Corporation has provided the following data for the month of November: Beginning Ending Raw materials $ 25,500 $ 21,500 Work in process $ 17,500

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

Beginning Ending
Raw materials $ 25,500 $ 21,500
Work in process $ 17,500 $ 10,500
Finished Goods $ 48,500 $ 56,500

Additional information:

Raw materials purchases $ 72,500
Direct labor cost $ 92,500
Manufacturing overhead cost incurred $ 42,550
Indirect materials included in manufacturing overhead cost incurred $ 4,050
Manufacturing overhead cost applied to Work in Process $ 41,500

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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Complete this question by entering your answers in the table below Schedule of Schedule of COGM COGS Prepare a Schedule of Cost of Goods Manufactured. BLEDSOE CORPORATION Schedule of Cost of Goods Manufactured Direct materials: Raw materials available for use Raw materials used in production Total manufacturing costs Cost of goods manufactured Schedule of COGM Schedule of COGS

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