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Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials used in production Direct labor Manufacturing overhead

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Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials used in production Direct labor Manufacturing overhead applied to work in process Underapplied overhead $31,800 $4528 $59,800 $87.500 $4200 Inventories Raw materials Work in process Finished goods Beginning $ 10,900 $ 54,900 $ 34,200 Ending $ 18,209 S69 900 $ 43300 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 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 IS 10.900 31,000 41.900 18,200 23,700 x 4.520 Direct materials Beginning raw materials inventory Add: Purchases of raw materials Total raw materials available Less Purchases of raw materials Raw materials used in production Less: Indirect materials used in production Direct materials used in production Direct labor Manufacturing overhead Utilities, factory Total manufacturing costs added to production Total manufacturing costs to account for Less Ending work in process inventory Cost of goods manufactured $ 19, 180 59,800 87.500 166.480 332 960 332 960 65,900 $ 100,580 % 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 overapp Goods Sold 34,200 Primare Corporation Schedule of Cost of Goods Sold Beginning finished goods inventory AddCost of goods manufactured Cost of goods available for sale Less Ending finished goods inventory Unadjusted cost of goods sold Add: Underapplied overhead Adjusted cost of goods sold x 43,300 4,200

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