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15 14 points eBook Exercise 3-3 (Algo) Schedules of Cost of Goods Manufactured and Cost of Goods Sold [LO3-3) Primare Corporation has provided the
15 14 points eBook Exercise 3-3 (Algo) Schedules of Cost of Goods Manufactured and Cost of Goods Sold [LO3-3) Primare Corporation has provided the following data concerning last month's manufacturing operations, Purchases of raw materials Indirect materials used in production Direct labor Manufacturing overhead applied to work in process Underapplied overhead Inventories Beginning Ending $ 31,000 $ 4,740 $ 59,000 $ 88,300 $ 4,198 Hint Work in $ $ process 54,500 66,100 Print $ $ Raw materials 10,600 19,400 Finished $ $ goods 35,000 42,400 Reference Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule of cost of goods sold for the month. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold Complete this question by entering your answers in the tabs below. Required Required Prepare a schedule of cost of goods manufactured for the month. Primare Corporation Schedule of Cost of Goods Manufactured Direct materials: Total raw materials available Raw materials used in production Direct materials used in production Total manufacturing costs added to production Total manufacturing costs to account for Cost of goods manufactured
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