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Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials $ 32,000 Indirect materials used in production $ 4,950
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials $ 32,000 Indirect materials used in production $ 4,950 Direct labor $ 58,800 Manufacturing overhead applied to work in process $ 88,800 Underapplied overhead $ 4,190 Inventories Beginning Ending Raw materials $ 10,800 $ 18,300 Work in process $ 54,000 $ 69,000 Finished goods $ 34,200 $ 42,200 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 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a schedule of cost of goods manufactured for the month RE *** Primare Corporation Schedule of Cost of Goods Manufactured Direct materials: Total raw materials available cos 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 Retured Required 2 > Complete this question by entering your answers in the tabs below. 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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