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EXERCISE 3-5 (yo) schedules of COST OF GOODS Manufactured an COST OF GOODS . Primare Corporation has provided the following data concerning last month's
EXERCISE 3-5 (yo) schedules of COST OF GOODS Manufactured an COST OF GOODS . Primare Corporation has provided the following data concerning last month's manufacturing operations Purchases of raw materials Indirect materials used in production Direct labor Manufacturing overhead applied to work in process Under applied overhead $ 31,000 $ 4,550 $ 59,100 $ 87,800 $ 4,160 Inventories Beginning Ending Raw materials $ 10,400 $ 19,600. Work in process $ 55,500 $ 66,000 Finished goods $ 33,200 $ 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. Primare Corporation Schedule of Cost of Goods Manufactured Direct materials Total raw materials available Raw materials used in production Direct materials used in production Total manufacturing costs added to production Total manufacturing costs to account for Cost of goods manufactured S
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