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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
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 overheed applied to work in process Underapplied overhead Ending $18,200 Inventories Beginning Raw materials $ 11,200 Work in process $ 54,300 $ 66,600 Finished goods $ 34,900 $ 43,900 Required: $ 31,000 $ 4,940 $ 58,500 5 87,600 $ 4,000 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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