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Bledsoe Corporation has provided the following data for the month ended November 30, 2017 Beginning Ending $25,000 21,000 Inventories: Raw materials Work in process Finished
Bledsoe Corporation has provided the following data for the month ended November 30, 2017 Beginning Ending $25,000 21,000 Inventories: Raw materials Work in process Finished goods s 17,000 10,000 $48,000 $ 56,000 Additional Information: Raw materials purchases Direct labor cost Actual manufacturing overhead cost incurred Indirect materials included in manufacturing overhead cost incurred Manufacturing overhead cost applied to work in process $ 72,000 $ 92,000 $ 42,000 4,000 41,000 Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. Required 1) Prepare a Schedule of Cost of Goods Manufactured, in good form. 2) Prepare a Schedule of Cost of Goods Sold, in good form
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