Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials used in production $ 31,000 $ 4,950 Direct labor $ 58,800 Manufacturing overhead applied to work in process $ 88,500 Underapplied overhead $ 4,180 Inventories Beginning Ending Work in process $ 54,100 $ 70,000 Raw materials $ 11,100 $ 20,000 Finished goods $ 33,200 $ 42,500 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