Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials 5 31,000 Indirect materials used in production $ 4,960 Direct labor 5 58,200 Manufacturing overhead applied to work in process 5 8?,300 Underapplied overhead 5 4,170 Inventories Beginning Ending Raw materials 5 11,200 5 18,300 Work in process $ 55,300 $ 65,000 Finished goods S 34,400 S 42,000 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. 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 Direct materials used in production Total manufacturing costs added to production Total manufacturing costs to account for Cost of goods manufacturedRequired 1 Required 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. Primare Corporation Schedule of Cost of Goods Sold