Primare Corporation has provided the following data concerning last months manufacturing operations. Purchases of raw materials $ 31,000 Indirect materials used in production $ 4,720 Direct labor $ 59,500 Manufacturing overhead applied to work in process $ 87,000 Underapplied overhead $ 4,010 Inventories Beginning Ending Work in process $ 55,900 $ 65,400 Raw materials $ 11,700 $ 19,200 Finished goods $ 33,600 $ 43,400 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

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