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 naterials Indirect materials used in production Direct labor $ 31,000 $4,950 $ 58,700 Manufacturing overhead applied to work in process Underapplied overhead $ 88,400 $4,000 Inventories Raw materials Beginning $ 10,800 Work in process $ 54,600 $34,700 Ending $ 18,900 $ 68,300) $ 43,800 Pinished 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 manufactured for the month.