Bledsoe Corporation has provided the following data for themonth of November:
| Beginning | Ending |
| Raw materials | $ | 26,800 | $ | 22,800 |
| Work in process | $ | 18,800 | $ | 11,800 |
| Finished Goods | $ | 49,800 | $ | 57,800 |
|
Additional information:
| | |
| Raw materials purchases | $ | 73,800 |
| Direct labor cost | $ | 93,800 |
| Manufacturing overhead cost incurred | $ | 43,980 |
| Indirect materials included in manufacturing overhead costincurred | $ | 4,180 |
| Manufacturing overhead cost applied to Work in Process | $ | 42,800 |
|
Any underapplied or overapplied manufacturing overhead is closedout to cost of goods sold.
Required:
Prepare a Schedule of Cost of Goods Manufactured and a Scheduleof Cost of Goods Sold.
