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Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $30,000 $ 4,920 $58,300 $88,100 $ 4,200 Inventories Raw materials Work in process Finished goods Beginning $ 10,500 $ 55,400 $ 35,000 Ending $ 19,000 $ 68,200 $ 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 close Goods Sold Complete the question by entering your answers in the tabs below. 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: Complete the question by entering your answers in the tabs below. Required 1 Required 2 Prepare a schedule of cost of goods manufactured for the month. Book Hint Print ferences Primare Corporation Schedule of Cost of Goods Manufactured Direct materials: Beginning raw materials inventory $ Add: Purchases of raw materials Total raw materials available Less: Ending raw materials inventory Raw materials used in production 10,500 30,000 40,500 19,000 21,500 $ 21,500 Total manufacturing costs Add: Beginning work in process inventory Cost of goods manufactured Required Required 2 > Complete the question by entering your answers in the tabs below. 4.16 points Required 1 Required 2 eBook Prepare a schedule of cost of goods sold for the month. Assume the underapplied or overapplied overhead Goods Sold. Hint Primare Corporation Schedule of Cost of Goods Sold Print References
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