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Bledsoe Corporation has provided the following data for the month of November: Ending Inventories Raw materials Work in process Finished Goods Beginning $ 25,700 $
Bledsoe Corporation has provided the following data for the month of November: Ending Inventories Raw materials Work in process Finished Goods Beginning $ 25,700 $ 17,700 $ 48,700 $ 21,700 $ 10,700 $ 56,700 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 $ 72,700 $ 92,700 $ 42, 770 $ 4,070 $ 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. Complete this question by entering your answers in the table below. Schedule of COGM Schedule of 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 0 Raw materials used in production 0 Direct materials used in production 0 0 Total manufacturing costs added to production Total manufacturing costs to account for 0 Cost of goods manufactured 0 Complete this question by entering your answers in the table below. Schedule of COGM Schedule of 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 0 Adjusted cost of goods sold 0
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