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 Raw materials Beginning Ending $ 12,000 $ 18,000 Work in process $ 56,000 $ 65,000 Finished goods $ 35,000 $ 42,000 $ 30,000 $ 5,000 $ 58,000 $ 87,000 $ 4,000 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. 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 $ 12,000 Add: Purchases of raw materials 30,000 Total raw materials available 42,000 Less: Ending raw materials inventory 18,000 Raw materials used in production 24,000 Less: Indirect materials used in production 5,000 Direct materials used in production $ 19,000 Direct labor 58,000 87,000 Manufacturing overhead Total manufacturing costs added to production Total manufacturing costs to account for 164 164 $ 69 materials: jinning raw materials inventory 1: Purchases of raw materials al raw materials available s: Ending raw materials inventory v materials used in production s: Indirect materials used in production materials used in production labor acturing overhead nanufacturing costs added to production nanufacturing costs to account for Ending work in process inventory of goods manufactured < Required 1 $ 12,000 30,000 42,000 18,000 24,000 5,000 $ 19,000 58,000 87,000 164,000 164,000 65,000 69 $ 155,000