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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 Manufacturing
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 Work in process Finished goods Required: Beginning Ending $ 10,900 $ 18,200 $ 55,800 $ 68,700 $ 33,100 $ 43,100 $ 31,000 $ 4,980 $ 58,300 $ 87,400 $ 4,090 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 Goods Sold. Answer is not complete. 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 Beginning work in process inventory Direct materials: Beginning raw materials inventory Add: Purchases of raw materials Total raw materials available. Less: Ending raw materials inventory Raw materials used in production Less: Indirect materials used in production Direct materials used in production Direct labor Manufacturing overhead Indirect labor Total manufacturing costs added to production Total manufacturing costs to account for Less: Ending work in process inventory Cost of goods manufactured 00 $ 10,900 31,000 ( 41,900 18,200 $ 55,800 23,700 4,980 $ 18,720 58,300 87,400 10,380 174,800 230,600 68,700 $ 315,940 Required 1 Required 2 >
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