Prepare a schedule of cost of goods manufactured for the month.Prepare a schedule of cost of goods sold for the month. Assume the underappliedor overappliedoverhead is closed to Cost of Goods Sold.

PrimareCorporation has provided the following data concerning last months manufacturing operations.

Purchases of raw materials$30,000

Indirect materials included in manufacturing overhead $5,000

Direct labor$58,000

Manufacturing overhead applied to work in process $87,000

Underappliedo verhead$4,000

InventoriesBeginning Ending

Raw materials$12,000 $18,000

Work in process$56,000 $65,000

Finished goods $35,000 $42,000

Please explain how you got the answers