Question: Bledsoe Corporation has provided the following data for the month of November: Required: Prepare a Schedule of Cost of Goods Manufactured and a Schedule of
Bledsoe Corporation has provided the following data for the month of November:
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Required:
Prepare a Schedule of Cost of Goods Manufactured and a Schedule of Cost of Goods Sold in good form.
Inventories: Beginning Ending Raw materials.. Work in process Finished good. $25,000 $21,000 $17,000 $10,000 $48,000 $56,000 Additional information: Raw materials purchases Direct labor cost. Manufacturing overhead cost incurred.. Indirect materials included in manufacturing $72,000 $92,000 $42,000 overhead cost incurred $4,000 Manufacturing overhead cost applied to Work in Process $41,000
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