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Primare Corporation has provided the following data concerning last months manufacturing operations. Purchases of raw materials $ 32,000 Indirect materials used in production $ 4,710

Primare Corporation has provided the following data concerning last months manufacturing operations. Purchases of raw materials $ 32,000 Indirect materials used in production $ 4,710 Direct labor $ 59,500 Manufacturing overhead applied to work in process $ 87,800 Underapplied overhead $ 4,040 Inventories Beginning Ending Raw materials $ 11,600 $ 18,800 Work in process $ 54,300 $ 68,500 Finished goods $ 34,100 $ 43,500

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.

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Primare Corporation has provided the following data concerning last month's manufacturing operations. 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. Complete this question by entering your answers in the tabs below

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