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Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing

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Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $31,000 $ 4,620 $59,500 $87,700 $ 4,060 points Inventories Raw materials Work in process Finished goods Beginning $ 10,600 $ 55,300 $ 34,300 Ending $ 19,700 $ 66,800 $ 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 the question by entering your answers in the tabs below. Required 1 Required 2 Complete the question by entering your answers in the tabs below. Required 1 Required 2 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 Less: Manufacturing overhead cost Direct labor Manufacturing overhead applied to work in process Total manufacturing costs Add: Beginning work in process inventory 10,600 31,000 41,600 (19.700) 21,900 21.900 17,280 59,500 87.700 164,480 252,180 (66,800) 152,980 Less: Ending work in process inventory Cost of goods manufactured 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. points Primare Corporation Schedule of Cost of Goods Sold Beginning finished goods inventory Less: Cost of goods manufactured

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