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

Purchases of raw materials	$	31,000
Indirect materials included in manufacturing overhead	$	4,660
Direct labor	$	58,500
Manufacturing overhead applied to work in process	$	88,600
Underapplied overhead	$	4,150

Inventories	Beginning		Ending
Raw materials	$	11,300	$	18,600
Work in process	$	54,500	$	67,700
Finished goods	$	34,500	$	42,600

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.

Primare Corporation
Schedule of Cost of Goods Manufactured
Direct materials:
Total raw materials available
Raw materials used in production
Total manufacturing costs
Cost of goods manufactured

Primare Corporation
Schedule of Cost of Goods Sold