Questions by yweimann - Page 62
Bledsoe Corporation has provided the following data for themonth of November: Beginning EndingRaw materials $ 26,600 $ 22,600Work in process $ 18,600 $ 11,600Finished Goods $ 49,600 $ 57,600Additional information:Raw materials purchases $ 73,600Direct labor cost $ 93,600Manufacturing overhead costincurred $ 43,760Indirect materials included inmanufacturing overhead cost incurred $ 4,160Manufacturing overhead costapplied to Work in Process $ 42,600Any 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.