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

Purchases of raw materials	$	30,000
Indirect materials included in manufacturing overhead	$	4,960
Direct labor	$	59,500
Manufacturing overhead applied to work in process	$	88,200
Underapplied overhead	$	4,140

Inventories	Beginning		Ending
Raw materials	$	11,000	$	18,700
Work in process	$	55,900	$	65,500
Finished goods	$	33,200	$	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.