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

	Beginning		Ending
Raw materials	$	26,700	$	22,700
Work in process	$	18,700	$	11,700
Finished Goods	$	49,700	$	57,700

Additional information:

Raw materials purchases	$	73,700
Direct labor cost	$	93,700
Manufacturing overhead cost incurred	$	43,870
Indirect materials included in manufacturing overhead cost incurred	$	4,170
Manufacturing overhead cost applied to Work in Process	$	42,700

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.

BLEDSOE CORPORATION Schedule of Cost of Goods Manufactured Direct materials: Raw materials available for use Raw materials used in production Total manufacturing costs Cost of goods manufactured 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