PROBLEM. 1) Bledsoe Corporation has provided the following data for the month of November: Inventories: Beginning Ending Raw materials $ 26,100 $ 22,100 Work in process $ 18,100 $ 11,100 Finished Goods $ 49,100 $ 57,100 Additional information: Raw materials purchases $ 73,100 Direct labor cost $ 93,100 Manufacturing overhead cost incurred $ 43,210 Indirect materials included in manufacturing overhead cost incurred $ 4,110 Manufacturing overhead cost applied to Work in Process $ 42,100 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.