Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials used in production $ 31,000 $ 4,690 Direct labor $ 58,600 Manufacturing overhead applied to work in process Underapplied overhead. $ 87,600 $ 4,000 Inventories Raw materials Work in process Finished goods Beginning Ending $ 10,200 $ 18,600 $ 54,100 $ 68,900 $ 34,700 $ 43,600 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. 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. 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 $ 10,200 Add: Purchases of raw materials 31,000 Total raw materials available 41,200 Less: Ending raw materials inventory (18,600) Raw materials used in production 22,600 Less: Indirect materials used in production (4,690) Direct materials used in production $ 17,910 Direct labor Manufacturing overhead Total manufacturing costs added to production Total manufacturing costs to account for 58,600 87,600 Less: Ending work in process inventory Cost of goods manufactured 164,110 164,110 (68,900) Purchases of raw materials Indirect materials used in production Direct labor Manufacturing overhead applied to work in process. Underapplied overhead Inventories Raw materials Beginning Ending $ 10,200 $ 18,600 Work in process Finished goods $ 54,100 $ 68,900 $ 34,700 $ 43,600 Required: $ 31,000 $ 4,690 $ 58,600 $ 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. Complete this question by entering your answers in the tabs below. Required 1 Required 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. Primare Corporation Schedule of Cost of Goods Sold