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Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials $32,000 Indirect materials included in manufacturing overhead Direct
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials $32,000 Indirect materials included in manufacturing overhead Direct labor $ 4,658 $59,200 Manufacturing overhead applied to work in process Underapplied overhead $87,500 $ 4,888 Inventories Raw materials Beginning Ending Work in process Finished goods $ 34,100 $ 11,300 $ 18,500 $ 54,300 $ 69,600 $ 43,800 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 overspplied overhead is closed to Cost of Goods Sold. Complete the 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: Total raw materials available Raw materials used in production Total manufacturing costs Cost of goods manufactured
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