Primare Corporation has provided the following data concerning last months manufacturing operations. Purchases of raw materials $ 32,000 Indirect materials included in manufacturing overhead $ 4,520 Direct labor $ 58,600 Manufacturing overhead applied to work in process $ 87,300 Underapplied overhead $ 4,010 Inventories Beginning Ending Raw materials $ 11,300 $ 18,400 Work in process $ 54,800 $ 68,600 Finished goods $ 34,300 $ 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