Primare Corporation has provided the following data concerning last month$$s manufacturing operations.

Purchases of raw materials $ $31,000$

Indirect materials used in production $ $4,860$

Direct labor $ $58,000$

Manufacturing overhead applied to work in process $ $88,500$

Underapplied overhead $ $4,030$

Inventories Beginning Ending

Raw materials $ $11,600$ $ $18,400$

Work in process $ $54,200$ $ $69,300$

Finished goods $ $33,100$ $ $43,900$

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.