Reference no: EM132663328

Bledsoe Corporation has provided the following data for the month of November:

Inventories:

                                            Beginning                  Ending

Raw materials..........    $25,000                   $21,000

Work in process.......    $17,000                 $10,000

Finished goods.........  $48,000                  $56,000

Additional information:

Raw materials purchases.......................................... $72,000

Direct labor cost...................................................... $92,000

Manufacturing overhead cost incurred....................... $42,000

Indirect materials included in manufacturing overhead cost incurred........................................................ $4,000

Manufacturing overhead cost applied to Work in Process................................................................ $41,000

Required: Show all the calculation needed to prepare the following requirements

Problem 1- Prepare Schedule of Cost of Goods Manufactured and

Problem 2- a Schedule of Cost of Goods Sold in good form