Chapter #3- Homework Sed 1 Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials 32,000 25 Indirect materials used in production $4,700 Direct labor 558,400 points Manufacturing overhead applied to work in process Underapplied overhead $87,900 $4,120 eBook Het Inventories Beginning teding Raw materials $11,700 $10,700 Work in process $55,300 Finished goods $ 34,300 67,600 $43,700 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 manufactured for the month. Primare Corporation Schedule of Cost of Goods Manufactured Drect materials Beginning raw materials inventory Adt Purchases of raw materials 11,700 32.000 Help Save & Exit Submit Check my work Chapter #3 - Homework 1 Saved Complete this question by entering your answers in the tabs below. 2.5. Required 1 Required 2 points eBook Hint References Mc Graw Hill Prepare a schedule of cost of goods manufactured for the month. Primare Corporation Schedule of Cost of Goods Manufactured Direct materials: Beginning raw materials inventory $ 11,700 Add: Purchases of raw materials 32,000 Total raw materials available 43,000 Less: Ending raw materials inventory 18,700 Raw materials used in production 24,300 Less: Indirect materials used in production 4,700 Direct materials used in production $ 19,600 Manufacturing overhead 87,900 Total manufacturing costs added to production Total manufacturing costs to account for Cost of goods manufactured Required 1 Required 2 > 107,500 107,500 Prev 1 of 2 Next > Chapter #3- Homework 2.5 1 points eBook Hint References Saved 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 overapplie Goods Sold. Primare Corporation Schedule of Cost of Goods Sold 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: Underapplied overhead Adjusted cost of goods sold 34,300 < Required 1 Required 2 >