Exercise 3-3 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. 34 Purchases of raw materials Indirect materials included in manufacturing overhead Manufacturing overhead applied to work in process Underapplied overhead $31,000 $ 4,980 $59,900 $88,800 $ 4,030 Inventories Raw materials Work in process Finished goods Beginning Ending $ 10,100 $ 19,900 $ 54,500 $ 68,800 $34,800 $ 43,000 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 the 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 Direct materials: Total raw materials available Raw materials used in production Total manufacturing costs Cost of goods manufactured Required 2 > Required 1 Required 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 Primare Corporation Schedule of Cost of Goods Sold uired 1 Adjusted cost of goods sold Cost of goods available for sale Unadjusted cost of goods sold