Bledsoe Corporation has provided the following data for the month of November:
Inventories Beginning Ending
Raw materials $ $
Work in process $ $
Finished Goods $ $
Additional information:
Raw materials purchases $
Direct labour cost $
Manufacturing overhead cost incurred $
Indirect materials included in manufacturing overhead cost incurred $
Manufacturing overhead cost applied to Work in Process $
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
Beginning finished goods inventory
Cost of goods available for sale
Unadjusted cost of goods sold
Adjusted cost of goods sold $
pare a Schedule of Cost of Goods Manufactured.
BLEDSOE CORPORATION
Schedule of Cost of Goods Manufactured
Direct materials:
Total raw materials available for use
Raw materials used in production
Direct materials used in production
Total manufacturing costs added to production
Total manufacturing costs to account for
Cost of goods manufactured $