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

Purchases of raw materials	$	31,000
Indirect materials included in manufacturing overhead	$	4,960
Direct labor	$	60,000
Manufacturing overhead applied to work in process	$	87,400
Underapplied overhead	$	4,090

Inventories	Beginning		Ending
Raw materials	$	10,200	$	19,600
Work in process	$	54,900	$	66,000
Finished goods	$	34,100	$	42,400

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.