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Saved Bledsoe Corporation has provided the following data for the month of November Inventories Raw materials Work in process Finished Goods Beginning $ 25,500 $
Saved Bledsoe Corporation has provided the following data for the month of November Inventories Raw materials Work in process Finished Goods Beginning $ 25,500 $ 17,500 $ 48,500 Ending $ 21,500 $ 10,500 $ 56,500 Additional information: 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 $ 72,500 $ 92,500 $ 42,550 $ 4,050 $ 41,500 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. Complete this question by entering your answers in the table below. Schedule of COGM Schedule of COGS Prepare a Schedule of Cost of Goods Manufactured. BLEDSOE CORPORATION Schedule of Cost of Goods Manufactured Direct materials Total raw materials available for use 0 Raw materials used in production 0 0 0 Direct materials used in production 0 Total manufacturing costs added to production Total manufacturing costs to account for ol $ 0 Cost of goods manufactured Schedule of COGM Schedule of COGS > MINATION i Saved Bledsoe Corporation has provided the following data for the month of November Inventories Raw materials Work in process Finished Goods Beginning $ 25,500 $ 17,500 $ 48,500 Ending $ 21,500 $ 10,500 $ 56,500 Additional information: 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 $ 72,500 $ 92,500 $ 42,550 $ 4,050 $ 41,500 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. Complete this question by entering your answers in the table below. Schedule of COGM Schedule of COGS Prepare a Schedule of Cost of Goods Sold. BLED SOE CORPORATION Schedule of Cost of Goods Sold Beginning finished goods inventory 0 Cost of goods available for sale 0 Unadjusted cost of goods sold $ Adjusted cost of goods sold
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