3 Exercise 3-3 (Algo) Schedules of Cost of Goods Manufactured and Cost of Goods Sold (LO3-3] nts B 01:02:05 book Primare Corporation has provided the following data concerning last month's manufacturing operations Purchases of raw materials $ 31,000 Indirect materials used in production $ 4,940 Direct labor $ 58,400 Manufacturing overhead applied to work in process $ 88,100 Underapplied overhead $ 4,120 Inventories Beginning Ending Raw materials $ 10,900 $19,100 Work in process $ 54,000 $ 67,500 Finished goods $ 34,00 $ 42,500 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 Goods Sold Print References Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a schedule of cost of goods manufactured for the month, Primare Corporation Required 1 Required 2 Prepare a schedule of cost of goods manufactured for the month. 01:23 Primare Corporation Schedule of Cost of Goods Manufactured Direct materials OK at Total raw materials available inces 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 3 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 ovetapplied overhead is closed to Cost of Goods Sold Complete this question by entering your answers in the tabs below. 1:00:47 OG Required 1 Required 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 wint rences Primare Corporation Schedule of Cost of Goods Sold