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 materials used in production Direct labor Manufacturing overhead applied to work in process Underapplied overhead Inventories Beginning Ending Raw materials $ 10,300 $ 18,000 Work in process $ 54,700 $ 66,000 Finished goods $ 34,700 $ 42,900 $ 31,000 $ 4,630 $ 59,700 $ 88,200 $ 4,010 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule of cost of goods sold for tle month. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold. the halnu 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 Beginning raw materials inventory Add: Purchases of raw materials Total raw materials available Less: Ending raw materials inventory Raw materials used in production Less: Indirect materials used in production Direct materials used in production Direct labor Manufacturing overhead 11,000 31,000 42,000 19.700 22,300 4,630 4 $ ces 17,670 5,970 88,700 Total manufacturing costs added to production Total manufacturing costs to account for Less: Ending work in process inventory Cost of goods manufactured 112,340 112,340 6,300 154,470 - University Porta FW: Week 4 (DUSA 3132 ) - 01574 McGraw-Hill Connect - Fall 2021 - Pil Questio apter 3 Graded Homework Served 3 2. Prepare a schedule of cost of goods sold for the month. Assume the underapp Goods Sold Complete this question by entering your answers in the tabs below. Required 1 Required 2 Dok Prepare a schedule of cost of goods sold for the month. Assume the underapplied or Goods Sold. ht Primare Corporation Schedule of Cost of Goods Sold et ces