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J sk ces Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials used in production
J sk ces 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 Raw materials Work in process Finished goods Required: Beginning Ending $ 11,300 $ 19,300 $ 54,600 $ 68,900 $ 35,000 $ 43,400 $ 30,000 $ 4,540 $ 58,200 $ 87,000 $ 4,200 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: Beginning raw materials inventory $ 11,300 Add: Purchases of raw materials 30,000 Total raw materials available 41,300 Less: Ending raw materials inventory 19,300 Raw materials used in production 22,000 Less: Indirect materials used in production 4,540 Direct materials used in production $ 17,460 Direct labor 58,200 Manufacturing overhead 87,000 Manufacturing overhead Total manufacturing costs added to production Total manufacturing costs to account for Less: Ending work in process inventory Cost of goods manufactured Prey 2 of 4 Next > 162,660 $
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