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 Under applied overhead $ 31,000 $ 4,740 $ 58,600 $ 87,200 $ 4,120 Inventories Beginning Ending Raw materials $ 10,500 $ 19,700 Work in process $ 54,500 $ 67,700 Finished goods $ 33,900 $ 43,400 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.