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Primare Corporation has provided the following data concerning last months manufacturing operations. Purchases of raw materials $ 31,000 Indirect materials included in manufacturing overhead $
Primare Corporation has provided the following data concerning last months manufacturing operations. Purchases of raw materials $ 31,000 Indirect materials included in manufacturing overhead $ 4,540 Direct labor $ 58,700 Manufacturing overhead applied to work in process $ 89,000 Underapplied overhead $ 4,030 Inventories Beginning Ending Raw materials $ 11,300 $ 19,500 Work in process $ 54,200 $ 68,000 Finished goods $ 33,400 $ 42,000
has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials included in manufacturing overhead $ 4,540 Direct labor Manufacturing overhead applied to work in process $89,000 Underapplied overhead $31,000 $58,700 4,030 Inventories Raw materials Work in process $54,200 $68,000 Finished goods$33,400 $42,000 Beginning Ending $ 11,300 $19,500 Required: 1. Prepare a schedule of cost of goods manufactured for the month. Primare Corporation Schedule of Cost of Goods Manufactured Direct materials: Total raw materials available Raw materials used in production Total manufacturing costs Cost of goods manufacturedStep by Step Solution
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