Answer:
                         Bledsoe Corporation
Schedule of Cost of goods manufactured
Particulars                                      Amount
Direct materials:  
Beginning material inventory        $25,100.00  
Add: Purchases                              <u>$72,100.00</u>
Raw material available for use      $97,200.00  
Less: Ending material inventory    <u>$21,100.00</u>
Raw material used in production   $76,100.00  
Less: Indirect material                     <u>$4,010.00   </u>   $72,090.00
Direct labor                                                             $92,100.00
Manufacturing overhead applied                          <u>$41,100.00</u>
Total manufacturing costs                                      $205,290.00
Add: Beginning WIP                                                <u>$17,100.00</u>
Total cost of work in process                                 $222,390.00
Less: Ending WIP                                                     <u>$10,100.00</u>
Cost of goods manufactured                                 <u>$212,290.00</u>
                 Bledsoe Corporation
                  Schedule of COGS
Particulars                                                    Amount
Cost of goods sold:
Beginning finished goods inventory        $48,100.00
Add: Cost of goods manufactured           <u>$212,290.00</u>
Cost of goods available for sale               $260,390.00
Less: Ending finished goods inventory    <u>$56,100.00</u>
Unadjusted cost of goods sold                 $204,290.00
Add: Underapplied overhead                   <u>$1,010.00   </u>($42,110 - $41,100)  
Adjusted cost of goods sold                    <u>$205,300.00</u>