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Primare Corporation has provided the following data concerning last month s manufacturing operations. Purchases of raw materials $ 3 2 , 0 0 0 Indirect

Primare Corporation has provided the following data concerning last months manufacturing operations.
Purchases of raw materials $ 32,000
Indirect materials used in production $ 4,520
Direct labor $ 58,100
Manufacturing overhead applied to work in process $ 87,500
Underapplied overhead $ 4,150
Inventories Beginning Ending
Raw materials $ 10,600 $ 18,100
Work in process $ 54,500 $ 65,500
Finished goods $ 33,200 $ 43,000
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 this question by entering your answers in the tabs below.
Prepare a schedule of cost of goods sold for the month. Assume the underapplied or overapplied overhead is closed to Cost of
Goods Sold.
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