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Primare Corporation has provided the following data concerning last month's manufacturing operations. $ 30,000 $ 4,580 $ 59,200 $ 89,000 $ 4,150 Purchases of raw
Primare Corporation has provided the following data concerning last month's manufacturing operations. $ 30,000 $ 4,580 $ 59,200 $ 89,000 $ 4,150 Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead Inventories Beginning $ 10,600 $ 54,500 $ 34,100 Ending $ 19,000 $ 69,800 $ 43,000 Raw materials Work in process Finished goods 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 Total manufacturing costs Cost of goods manufactured Required 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
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