Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials $ 31,000 Indirect materials included in manufacturing overhead Direct labor $ 4,760 $ 59,900 Manufacturing overhead applied to work in process Underapplied overhead $ 88,600 $ 4,040 Inventories Raw materials Beginning Ending Work in process Finished goods $ 11,900 $ 19,700 $ 54,300 $ 68,000 $ 35,000 $ 43,900 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 Required 1 Required 2 Prepare a schedule of cost of goods manufactured for the month. Direct materials: Primare Corporation Schedule of Cost of Goods Manufactured Total raw materials available Raw materials used in production Total manufacturing costs Cost of goods manufactured Required 1 Require2 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