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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 $ 30,000 $4,580
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials used in production $ 30,000 $4,580 Direct labor $ 59,900 Manufacturing overhead applied to work in process Underapplied overhead Inventories Xav materials Mork in process Finished goods Beginning. Ending $11,000 $54,200 $ 18,300 $ 66,100 $ 33,000 $ 43,000 $08,400 $4,090 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
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