3 Primare Corporation has provided the following data concerning last month's manufacturing operations Purchases of 12 Direct lab materials Indirect materials used in production Heufacturing overhead applied to work in process Underspelled overhead Inventarles work in process terials Finished goods Required: Beginning Ending $55,400 $65,900 110,100 $34,00 519,300 $30,000 $4,930 $4,150 H 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 1 Required 2 Prepare a schedule of cost of goods manufactured for the month. Primare Corporation Schedule of Cost of Goods Manufactured Beginning work in process inventory Direct materials Beginning raw materials inventory Add Purchases of raw materials Total raw materials available $ 10,300 30.000 40.300 S 56.400 References HARKLE, LING QOestion by entering your answers in the tabs below. Required S Required 2 Prepare a schedule of cost of goods manufactured for the month MC Primare Corporation Schedule of Cost of Goods Manufactured Begleming work in process inventory Direct materials Beginning raw materials inventury 55,400 $ 10.300 Add Purchases of raw materials i 30.000 Total raw materials available 40.300 Less Ending raw materials inventory (19.300) Raw materials used in production 21.000 Less Indirect materials used in production (4.920 Divect materials used in production 16.000 Direct lation Manufacturing overhead Total manufacturing costs added to production Total manufacturing costs to account for Less Ending work in process inntory Cast of goods manufactur 59,200 87.900 163,100 215580 65,500 $ Required 2 315060 ferences Complete this question by entering your answers in the tabs below. 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 Primare Corporation Schedule of Cost of Goods Sold 34.600 315.850 350 460 Beginning finished goods inventory Add Cost of goods manufactured Cost of goods available for sale Less Ending finished goods inventory Unadjusted cost of goods sold Add Underappled overhead Cost of goods available for sale 3 Exercise 3-3 (Algo) Schedules of Cost of Goods Manufactured and Cost of Goods Sold [LO3-3] Primare Corporation has provided the following data conceming last month's manufacturing operations. Print References Purchases of raw materials $30,000 Indirect materials used in production Direct labor Manufacturing overhead applied to work in process Underapplied overhead 37000 Inventories Beginning Ending $55,400 $45,900 $10,300 $19,300 $44,000 Mark in process Raw materials Finished goods 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 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 Primare Corporation Prapare a schedule of cost of goods manufactured for the month Primare Corporation Schedule of Cost of Goods Manufactured Baginning work in process inventory Direct materials Beginning raw materials inventory Add Purchases of rave materials Total raw materials available 55.400 10/300 36,000 40/300 Less Ending raw materials inve (19,300) Raw materials used in productio 21.000 Less Indinac materials used in production (4520 Direct materials used in production Direct labor S 16.080 66/200 a2 500 Manufacturing overhead Total manufacturing costs added to production Total manufacturing costs to account for Lass: Ending work in process inventory Cost of goods manufactured 163,160 218,580 (65.900) $315,060 Required 2 > References Required 1 Required 2 weis in uie taus below. Prepare a schedule of cost of goods sold for the month. Assume the underapplied or overapplied overhead is closed to Cos Goods Sold. Primare Corporation Schedule of Cost of Goods Sold Beginning finished goods inventory $ 34,600 Add Cost of goods manufactured Cost of goods available for sale Less: Ending finished goods inventory Unadjusted cost of goods sold Add Underapplied overhead Cost of goods available for sale 315,860 350,460 (44.000) 326,460 4.150 $ 330,610