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Bledsoe Corporation has provided the following data for the month of November: Inventories: Beginning Ending Raw materials $ 25,700 $ 21,700 Work in process $

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

Inventories: Beginning Ending
Raw materials $ 25,700 $ 21,700
Work in process $ 17,700 $ 10,700
Finished Goods $ 48,700 $ 56,700

Additional information:

Raw materials purchases $ 72,700
Direct labor cost $ 92,700
Manufacturing overhead cost incurred $ 42,770
Indirect materials included in manufacturing overhead cost incurred $ 4,070
Manufacturing overhead cost applied to Work in Process $ 41,700

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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