Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials $30,000 Indirect materials included in manufacturing overhead $5,000 Direct labor $58,000 Manufacturing overhead applied to work in process $87,000 Underapplied overhead $4,000 Inventories Beginning Ending Raw materials $12,000 $18,000 Work in process $56,000 $65,000 Finished goods $35,000 $42,000 Requirement 1: Calculate the cost of goods manufactured for the month. Requirement 2: Calculate the cost of goods sold for the month