Bledsoe Corporation has provided the following data for the month of November: Inventories Raw materials Work in process Finished Goods Additional information: Ending Beginning $ 25,800 $ 21,800 $ 17,800 $ 10,800 $ 48,800 $ 56,800 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. $ 72,800 $ 92,800 $ 42,888 $4,088 $ 41,800 ing your answers in the table below.

Bledsoe Corporation has provided the following data for the month of November: Inventories Raw materials Work in process Finished Goods Additional information: Ending Beginning $ 25,800 $ 21,800 $ 17,800 $ 10,800 $ 48,800 $ 56,800 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. $ 72,800 $ 92,800 $ 42,888 $4,088 $ 41,800 ing your answers in the table below.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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