CHIUSUL 1 19) Bledsoe Corporation has provided the following data for the month of November: Raw materials Work in process Finished Goods Beginning Ending $ 26,700 $ 22,700 $ 18,700 $ 11,700 $ 49,700 $ 57,700 Additional information: $ 73,700 $ 93,700 $ 43,870 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 $ 4170 $ 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 100,400 Raw materials used in production 77,700 $73,530 Total manufacturing costs 209,930 228,630 Cost of goods manufactured $216.930 BLEDSOE CORPORATION Schedule of Cost of Goods Sold Beginning finished goods inventory Cost of goods available for sale 266,630 Unadjusted cost of goods sold 208,930 Adjusted cost of goods sold $210.100