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Primare Corporation has provided the following data conceming last month's manufacturing operations. Purchases of raw materials Indirect materials used in production Direct labon Manufacturing overhead
Primare Corporation has provided the following data conceming last month's manufacturing operations. Purchases of raw materials Indirect materials used in production Direct labon Manufacturing overhead applied to work in process Underapplied overhead $31,00 $ 4,678 $58,888 $98,700 $ 4,170 Inventories Raw materials Work in process Finished goods Beginning $ 18,90 $ 55,200 $ 33,689 Ending $ 18,200 $ 68,280 $ 43,900 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 Good Manufactured Direct materials Total raw materas available Raw materials used in production Direct materials used in production Total manufacturing costs added to production Total manufacturing costs to account for Cast of goods manufactured ROQUE 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
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