Primare Corporation has provided the following data concerning last months manufacturing operations.

Purchases of raw materials	$	32,000
Indirect materials included in manufacturing overhead	$	4,920
Direct labor	$	59,900
Manufacturing overhead applied to work in process	$	88,800
Underapplied overhead	$	4,120

Inventories	Beginning		Ending
Raw materials	$	10,100	$	18,700
Work in process	$	55,600	$	68,600
Finished goods	$	34,000	$	42,200

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.

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 X Answer is not complete. Complete the question by entering your answers in the tabs below. Required 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 Beginning finished goods inventory Add: Cost of goods manufactured Cost of goods available for sale Less: Ending finished goods inventory Unadjusted cost of goods sold Add: Underapplied overhead Adjusted cost of goods sold 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 Answer is not complete. Complete the question by entering your answers in the tabs below. Required 2 Required 1 Prepare a schedule of cost of goods manufactured for the month. Primare Corporation Schedule of Cost of Goods Manufactured Direct materials: Beginning raw materials inventory Add: Purchases of raw materials Total raw materials available Less: Ending raw materials inventory Raw materials used in production S 0 Less: Indirect materials included in manufacturing overhead Manufacturing overhead applied to work in process Direct labor Total manufacturing costs Add: Beginning work in process inventory