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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 $ 4,848
Primare Corporation has provided the following data concerning last month's manufacturing operations Purchases of raw materials $ 32,000 Indirect materials used in production $ 4,848 Direct labor $ 59,800 Manufacturing overhead applied to work in process $ 88,500 Underapplied overhead $ 4,888 Inventories Beginning Ending Raw materials $ 11,100 $ 18,300 Work in process $ 54,200 $ 67,800 Finished goods $ 33,900 $ 43,988 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. Primare Corporation Schedule of Cost of Goods Manufactured Beginning work in process inventory Direct materials: Purchases of raw materials Total raw materials available Less: Ending raw materials inventory Raw materials used in production 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. Primare Corporation Schedule of Cost of Goods Manufactured Beginning work in process inventory Direct materials: Purchases of raw materials Total raw materials available Less: Ending raw materials inventory Raw materials used in production Less: Indirect materials used in production Direct materials used in production Show All Items Total manufacturing costs added to production Total manufacturing costs to account for Cost of goods manufactured Required Required 2 > Direct labor $ 59,800 Manufacturing overhead applied to work in process $ 88,500 Underapplied overhead $ 4,080 Inventories Beginning Ending Raw materials $ 11,100 $ 18,300 Work in process $ 54,200 $ 67,800 Finished goods $ 33,900 $ 43,900 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 sold for the month. Assume the underapplied or overapplied overhead is dosed to Cost of Goods Sold Primare Corporation Schedule of Cost of Goods Sold
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