Bledsoe Corporation has provided the following data for the month of November: Inventories Raw materials Work in process Finished Goods Additional information: Beginning $ 25,400 $ 17,400 $ 48,400 Ending $ 21,400 $ 10,400 $ 56,400 $ 72,400 $ 92,480 $ 42,440 5 4,840 $ 41,480 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 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 Schedule of COGM COGS Prepare a Schedule of Cost of Goods Manufactured. BLEDSOE CORPORATION Schedule of Cost of Goods Manufactured Beginning work in process inventory Direct materials: Beginning materials inventory Add: Purchases of raw materials Total raw materials available for use $ 25,400 25,400 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. 25,400 25.400 BLEDSOE CORPORATION Schedule of Cost of Goods Manufactured Beginning work in process inventory Direct materials: Beginning materials inventory Add: Purchases of raw materials Total raw materials available for use Deduct: Ending raw materials inventory Raw materials used in production Deduct: Indirect materials included in manufacturing overhead incurred Direct materials used in production Direct labor Manufacturing overhead applied to work in process Total manufacturing costs added to production Total manufacturing costs to account for Deduct: Ending work in process inventory Cost of goods manufactured 21,400 4,000 4.000 4.000 4.000 5 4.000 Schedule CDOM Schedule of CDOS > 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 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. $ 72,400 $ 92,400 $ 42, 440 $4,048 $ 41,400 Complete this question by entering your answers in the table below. 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 Add: Cost of goods manufactured Cost of goods available for sale Add: Ending finished goods inventory Unadjusted cost of goods sold Add: Underapplied overhead Adjusted cost of goods sold 0 0 $ 0 Schedule of COOM Behind to
