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Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials used in production Direct labor Manufacturing overhead
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials used in production Direct labor Manufacturing overhead applied to work in process Underapplied overhead Inventories Work in process Raw materials Finished goods Required: Beginning Ending $ 55,800 $ 69,100 $ 11,600 $18,500 $ 34,500 $ 42,600 1. Prepare a schedule of cost of goods manufactured for the month. $ 31,000 $ 4,950 $ 59,100 $ 88,900 $ 4,090 2. Prepare a schedule of cost of goods sold for the month. Assume the underapplied or overapplied overhead is closed to Cost Goods Sold. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a schedule of cost of goods manufactured for the month. Primare Corporation Schedule of Cost of Goods Manufactured Direct materials: Beginning raw materials inventory Add: Purchases of raw materials Total raw materials available Less: Ending raw materials inventory Raw materials used in production $ 11,600 31,000 42,600 18,500
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