80.2K

Verified Solution

Link Copied!

CoursHeroTranscribedText: Bledsoe Corporation has provided the following data for the month of November: Inventories: Beginning Ending Raw materials $26,300 $22,300 Work in process $18,300 $11,300 Finished Goods $49,300 $57,300 [ 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 COGS Prepare a Schedule of Cost of Goods Manufactured. Direct materials: _ Raw materials available for use I Total Raw materials used in production I Direct materials used in production _ Total manufacturing costs added to production _ Total manufacturing costs to account for _ Cost of goods manufactured _ 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 Prepare a Schedule of Cost of Goods Sold. Beginning nished goods inventory _ Cost of goods available for sale I Adjusted cost of goods sold _

Answer & Explanation Solved by verified expert

See Answer