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Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials $ 30,000 Indirect materials used in production $ 4.560
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials $ 30,000 Indirect materials used in production $ 4.560 $ 59,400 Manufacturing overhead applied to work in process $ 87,300 Underapplied overhead $ 4,020 Inventories Beginning Ending Raw materials $ 10,400 $ 18,900 Work in process $ 54,300 $ 67,000 Finished goods $ 34,300 $43,200 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 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
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