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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

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.

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