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 Indirect naterials used in production $31,000 $ 4,560 Direct labor Under applied overhead Inventories Raw materials $ 59,100 Manufacturing overhead applied to work in process $ 88,900 $ 4,030 Beginning $ 10,900 Ending $ 18,900 Work in process $ 55,000 $34,700 $ 70,000 $43,000 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.