Bledsoe Corporation has provided the following data for the month of November: Beginning 26,100 $ Ending $ 22,100 $11,100 $ 18,100 $ 49,100 $ 57,100 Inventories Raw materials Work in process Finished Goods Additional Information: Raw materials purchases Direct labor 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 Manufactured. Direct materials: Total raw materials available for use Raw materials used in production Direct materials used in production BLED SOE CORPORATION Schedule of Cost of Goods Manufactured Total manufacturing costs added to production Total manufacturing costs to account for Cost of goods manufactured 0 0 0 $ $73,100 $ 93,100 $ 43,210 $ 4,110 $ 42,100 0 0 0
Bledsoe Corporation has provided the following data for the month of November: Beginning 26,100 $ Ending $ 22,100 $11,100 $ 18,100 $ 49,100 $ 57,100 Inventories Raw materials Work in process Finished Goods Additional Information: Raw materials purchases Direct labor 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 Manufactured. Direct materials: Total raw materials available for use Raw materials used in production Direct materials used in production BLED SOE CORPORATION Schedule of Cost of Goods Manufactured Total manufacturing costs added to production Total manufacturing costs to account for Cost of goods manufactured 0 0 0 $ $73,100 $ 93,100 $ 43,210 $ 4,110 $ 42,100 0 0 0
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
please answer do not image.
Transcribed Image Text:Complete this question by entering your answers in the table below.
Schedule of Schedule of
COGM
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
69
0
0
0
Transcribed Image Text:Bledsoe Corporation has provided the following data for the month of November:
Beginning
$ 26,100
Ending
$ 22,100
$11,100
$
18,100
$ 49,100
$ 57,100
Inventories
Raw materials
Work in process
Finished Goods
Additional Information:
Raw materials purchases
Direct labor 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 Schedule of
COGM
COGS
Prepare a Schedule of Cost of Goods Manufactured.
Direct materials:
Total raw materials available for use
Raw materials used in production
Direct materials used in production
BLED SOE CORPORATION
Schedule of Cost of Goods Manufactured
Total manufacturing costs added to production
Total manufacturing costs to account for
Cost of goods manufactured
0
0
0
$
$73,100
$ 93,100
$ 43,210
$ 4,110
$ 42,100
0
0
0
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