Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials used in production Direct labor Manufacturing overhead applied to work in process Underapplied overhead $31,000 $ 4,770 $58,500 $88,300 $ 4,130 Inventories Raw materials Work in process Finished goods Beginning $ 10,600 $ 55,600 $ 34,600 Ending $ 19,500 $ 69,400 $ 43,500 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 Required 1 Required 2 Prepare a schedule of cost of goods manufactured for the month. Primare Corporation Schedule of Cost of Goods Manufactured Beginning work in process inventory Direct materials: Beginning raw materials inventory $ 11,300 Add: Purchases of raw materials 31,000 Total raw materials available 42,300 Less: Ending raw materials inventory 19,500 Raw materials used in production 22,800 Less: Indirect materials used in production 4,540 Direct materials used in production Manufacturing overhead Direct labor Manufacturing overhead Total manufacturing costs added to production Total manufacturing costs to account for Less: Beginning work in process inventory Cost of goods manufactured $ 18,260 58,700 89,000 165,960 165,960 68,000 159.200 $ Required 2 > Complete this 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