Primare Corporation has provided the following data concerning last months manufacturing operations. Purchases of raw materials $ 31,000 Indirect materials used in production $ 4,940 Direct labor $ 58,700 Manufacturing overhead applied to work in process $ 87,700 Underapplied overhead $ 4,120 Inventories Beginning Ending Raw materials $ 10,400 $ 18,400 Work in process $ 54,800 $ 67,200 Finished goods $ 33,800 $ 43,100 Required: 1. Prepare a schedule of the cost of goods manufactured for the month. 2. Prepare a schedule of the cost of goods sold for the month. Assume the underapplied or overapplied overhead is closed to the Cost of Goods Sold.