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 Manufacturing overhead applied to work in process Underapplied overhead. $ 4,840 $58,200 $88,300 $ 4,040 Inventories Raw materials Work in process Finished goods Beginning Ending $ 11,000 $ 19,000 $ 55,100 $ 68,700 $ 42,000 $ 33,200 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.