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Primare Corporation has provided the following data concerning last months manufacturing operations. Purchases of raw materials $ 30,000 Indirect materials used in production $ 4,880

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

Purchases of raw materials $ 30,000
Indirect materials used in production $ 4,880
Direct labor $ 58,700
Manufacturing overhead applied to work in process $ 87,600
Underapplied overhead $ 4,070

Inventories Beginning Ending
Raw materials $ 11,800 $ 19,300
Work in process $ 54,900 $ 68,100
Finished goods $ 34,100 $ 43,300

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.image text in transcribedimage text in transcribed

Complete this question by entering your answers in the tabs below. Prepare a schedule of cost of goods manufactured for the month. Complete this question by entering your answers in the tabs be Prepare a schedule of cost of goods sold for the month. Assume the uno Goods Sold

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