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Bledsoe Corporation has provided the following data for the month of November: Inventories Raw materials Work in process Finished Goods Additional information: Beginning Ending $
Bledsoe Corporation has provided the following data for the month of November: Inventories Raw materials Work in process Finished Goods Additional information: Beginning Ending $ 25,500 $ 21,500 $ 17,500 $ 10,500 $ 48,500 $ 56,500 Raw materials purchases $ 72,500 Direct labor cost Manufacturing overhead cost incurred Indirect materials included in manufacturing overhead cost incurred Manufacturing overhead cost applied to Work in Process 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. $ 92,500 $ 42,550 $ 4,050 $ 41,500 Schedule of Schedule of COGM COGS Prepare a Schedule of Cost of Goods Manufactured. BLEDSOE CORPORATION Schedule of Cost of Goods Manufactured Direct materials: Total raw materials available for use Raw materials used in production Direct materials used in production Total manufacturing costs added to production Total manufacturing costs to account for Cost of goods manufactured Schedule of COGM Schedule of COGS > Schedule of Schedule of COGM COGS Prepare a Schedule of Cost of Goods Sold. BLEDSOE CORPORATION Schedule of Cost of Goods Sold Beginning finished goods inventory Cost of goods available for sale Unadjusted cost of goods sold Adjusted cost of goods sold < Schedule of COGM Schedule of COGS >
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