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please help me finish this Primare Corporation has provided the following data concerning last month's manufacturing operations, Purchases of raw materials Indirect materials included in
please help me finish this
Primare Corporation has provided the following data concerning last month's manufacturing operations, Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $ 32,000 $ 4,560 $ 59,300 $ 88,300 $ 4,050 Inventories Raw materials Work in process Finished goodo Beginning $ 10,000 $ 55,900 $ 34,900 Ending $ 19,600 $ 65, 100 $ 42,000 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. 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: 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 included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Total manufacturing costs Add: Beginning work in process inventory 10,000 32,000 42,000 19,600 $ 0 Loss Ending work in process inventory Cont of goods manufactured Reporod Required 2 > Complete the question by entering your answers in the tabs below. 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 Beginning finished goods inventory $ 34,900 Add: Cost of goods manufactured Cost of goods available for sale Loss: Ending finished goods inventory Unadjusted cost of goods sold 'Add: Underapplied overhead Adjusted cost of goods sold Step by Step Solution
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