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Bledsoe Corporation has provided the following data for the month of November:   Inventories: Beginning Ending   Raw materials

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Bledsoe Corporation has provided the following data for the month of November:

 

Inventories:

Beginning

Ending

 

Raw materials..........

$25,000

$21,000

 

 

Work in process.......

$17,000

$10,000

 

 

Finished goods.........

$48,000

$56,000

 

Additional information:

 

Raw materials purchases..........................................

$72,000

 

Direct labor cost......................................................

$92,000

 

Manufacturing overhead cost incurred.......................

$42,000

 

Indirect materials included in manufacturing overhead cost incurred........................................................

$4,000

 

Manufacturing overhead cost applied to Work in Process................................................................

$41,000

 

Required:    Please show all the calculation needed to prepare the following requirements             

1- Prepare Schedule of Cost of Goods Manufactured and

2- a Schedule of Cost of Goods Sold in good form