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

Purchases of raw materials	$	31,000
Indirect materials included in manufacturing overhead	$	4,940
Direct labor	$	58,600
Manufacturing overhead applied to work in process	$	87,000
Underapplied overhead	$	4,120

Inventories	Beginning		Ending
Raw materials	$	11,900	$	18,400
Work in process	$	55,200	$	65,900
Finished goods	$	34,900	$	42,300

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.