Primare Corporation has provided the following data concerning last month's manufacturing operations.

Required:

1. Prepare a schedule of cost of goods manufactured for the month.

2. Prepare a schedule of cost of goods sold for themonth.

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$30,000 Purchases of raw materials $5,000 Indirect materials included in manufacturing overhead Direct labor $58,000 Manufacturing overhead applied to work in process $87,000 Underapplied overhead $4,000 Inventories Beginning Ending $12,000 $18,000 Raw materials Work in process $56,000 $65,000 Finished goods. $35,000 $42,000