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  3. bledsoe corporation has provided the following data for the month...

Question: bledsoe corporation has provided the following data for the month...

Question details

Bledsoe Corporation has provided the following data for the month of November: 7 Raw materials Work in process Finished Goods Beginning Ending $ 27,000 $23,000 s 19,000 12,000 $ 50,000 $58,000 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 $74,000 $94,000 $44,200 $ 4,200 $43,000 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 COGM COGS Prepare a Schedule of Cost of Goods Sold BLEDSOE CORPORATION Schedule of Cost of Goods Sold Beginning finished goods inventory Add: Cost of goods manufactured Cost of goods available for sale 50,000 217,800 267,800 58,000 209,800 Ending finished goods inventory Unadjusted cost of goods sold Add: Underapplied overhead Adjusted cost of goods sold $ 209,800

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