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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

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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 overhead applied to work in process Underapplied overhead $31,000 $ 4,870 $ 58,900 $ 88,400 $ 4,870 Inventories Beginning Ending Raw materials $ 10,400 $ 19,200 Work in process $ 55,100 $ 65,300 Finished goods $ 33,100 $ 43,000 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. 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 Direct materials: Beginning raw materials inventory $ 10,400 Add: Purchases of raw materials Total raw materials available. 31,000 41,400 ( Less: Ending raw materials inventory 19,200 Raw materials used in production 11,800 Less: Indirect materials used in production 0 4,870 Direct materials used in production $ 6,930 Direct labor 58,900 88,400 Manufacturing overhead Total manufacturing costs added to production Total manufacturing costs to account for Less: Ending work in process inventory Cost of goods manufactured 0 154,230 154,230 65,300

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