Exercise 2-6 Schedules of Cost of Goods Manufactured and Cost of Goods Sold [LO2-6] Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials $ 30,000 Indirect materials included in manufacturing overhead $ 5,000 Direct labor $ 58,000 Manufacturing overhead applied to work in process $ 87,000 Underapplied overhead $ 4,000 Inventories Raw materials Work in process Finished goods Beginning Ending $ 12,000 $18,000 $ 56,000 $ 65,000 $ 35,000 $42,000 Required: 1. 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 0 Raw materials used in production 0 $ 0 Total manufacturing costs 0 0 Cost of goods manufactured 0 2. Prepare a schedule of cost of goods sold for the month. Primare Corporation Schedule of Cost of Goods Sold Finished goods inventory, beginning Goods available for sale 0 Unadjusted cost of goods sold 0 Adjusted cost of goods sold $