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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

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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 materials $31,000 Indirect materials used in production $ 4,660 Direct labor $ 59,000 Manufacturing overhead applied to work in process Underapplied overhead $ 87,800 $ 4,200 Inventories Beginning Raw materials $ 11,100 $ Ending 18,200 Work in process $ 55,900 $ 67,900 Finished goods $ 34,300 $ 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.

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