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please answer 1 & 2 thankyou Exercise 3-3 (Algo) Schedules of Cost of Goods Manufactured and Cost of Goods Sold [LO3-3] Primare Corporation has provided
please answer 1 & 2 thankyou
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 $ 32,000 Indirect materials used in production $ 4,640 Direct labor $ 58,100 Manufacturing overhead applied to work in process Underapplied overhead $88,400 $ 4,120 Beginning Ending Inventories Raw materials Work in process $ 10,100 $ 18,700 $ 54,600 $ 68,000 Finished goods $ 34,600 $ 42,500 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 i Direct materials Step by Step Solution
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