Primare Corporation has provided the following data concerning last months manufacturing operations.

Purchases of raw materials	$	32,000
Indirect materials used in production	$	4,960
Direct labor	$	58,900
Manufacturing overhead applied to work in process	$	87,600
Underapplied overhead	$	4,060

Inventories	Beginning		Ending
Raw materials	$	11,900	$	18,700
Work in process	$	54,900	$	69,100
Finished goods	$	33,400	$	42,300

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.

Schedule of Cost of Goods Manufactured Direct materials: Total raw materials available Raw materials used in production Direct materials used in production Total manufacturing costs added to production Total manufacturing costs to account for Cost of goods manufactured Primare Corporation Schedule of Cost of Goods Sold