48 Bledsoe Corporation has provided the following data for the month of November. Inventories Raw materials...
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48 Bledsoe Corporation has provided the following data for the month of November. Inventories Raw materials Work in process Finished Goods Additional information: Raw materials purchases Direct labor cost Manufacturing overhead cost incurred $ Beginning 26,500 $ 18,500 Ending $ 22,500 $ 11,500 $ 49,500 $ 57,500 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. $ 73,500 $ 93,500 $ 43,650 $ 4,150 $ 42,500 48 Bledsoe Corporation has provided the following data for the month of November. Inventories Raw materials Work in process Finished Goods Additional information: Raw materials purchases Direct labor cost Manufacturing overhead cost incurred $ Beginning 26,500 $ 18,500 Ending $ 22,500 $ 11,500 $ 49,500 $ 57,500 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. $ 73,500 $ 93,500 $ 43,650 $ 4,150 $ 42,500
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