Bledsoe Corporation...Please help and show work!

1. Bledsoe Corporation has provided the following data for the month of November: Inventories: Raw materials......... Work in process..... Finished goods....... Beginning $27,000 $17,000 $48,000 Ending $25,000 $10,000 $56,000 Additional information: $350,000 $70,000 $92,000 $42,000 Sales Raw materials purchases.. Direct labor cost...... Manufacturing overhead cost actually incurred..... Manufacturing overhead cost applied to Work in Process... Selling Expense Administrative Expense $41,000 $20,000 $35,000 Required: a. Prepare an Absorption Schedule of Cost of Goods Manufactured in good form for June. b. Prepare an Absorption Income Statement in good form for June. Cost of Goods Manufactured Statement Direct materials: Beginning Materials Inventory $27,000 Raw Materials used in production Cost of Goods Manufactured Cost of Goods Sold Statement Unadjusted cost of goods sold. Adjustment for Overapplied/Underapplied overhead...... Adjusted cost of goods sold.... b. Income Statement $350,000 Income Statement Sales Less: Adjusted Cost of Goods Sold ????? Operating Profit