Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor $32,000 $4,740 $58,800 Manufacturing overhead applied to work in $88,000 process Underapplied overhead Inventories Raw materials Beginning Ending $ 11,400 $ 19,700 Work in process $54,600 $69,400 Finished goods $34,200 $43,400 $4,020 Required: 1. Prepare a schedule of cost of goods manufactured for the month. Primare Corporation Schedule of Cost of Goods Manufactured Direct materials Total raw materials available Raw materials used in production Total manufacturing costs Cost of goods manufactured 2. Prepare a schedule of cost of goods sold for the month. Primare Corporation Schedule of Cost of Goods Sold Finished goods inventory, beginning Goods available for sale. Unadjusted cost of goods sold Adjusted cost of goods sold Saved