Reference no: EM132526514
Bledsoe Corporation has provided the following data for the month of November:
Inventories: 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 cost incurred$4,180
Manufacturing overhead cost applied to Work in Process$42,800
- Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold.
Required:
Question 1: Prepare Schedule of Cost of Goods Manufactured and a Schedule of Cost of Goods Sold.
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