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what is the UNDERAPPLIED overhead? the missing tab ? Bledsoe Corporation has provided the following data for the month of November: Beginning Ending $ 25,400
what is the UNDERAPPLIED overhead? the missing tab ?
Bledsoe Corporation has provided the following data for the month of November: Beginning Ending $ 25,400 $21, 400 $ 17,400 $10,400 $ 48,400 $56,400 Raw materials Work in process Finished Goods 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 $72,400 $92,400 $42,440 $4,040 $41,400 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 BLEDSOE CORPORATION Schedule of Cost of Goods Sold $ 48,400 213,160 261,560 56,400 205,160 Beginning finished goods inventory d: Cost of goods manufactured Cost of goods available for sale ess: Ending finished goods inventory Unadjusted cost of goods sold d: Underapplied overhead Adjusted cost of goods sold $205,160Step by Step Solution
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