Primare Corporation has provided the following data concerning last months manufacturing operations.

^^^what goes in the first row above direct materials?

what is the 55,600 called? options are beginning raw materials inventory, direct labor, ending raw materials inventory, indirect labor, manufacturing overhead, purchases of raw materials, factory utilities.

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 $31,000 $ 4,620 $59,300 $87,500 $ 4,080 Inventories Raw materials Work in process Finished goods Beginning $ 11,800 $ 55,600 $ 33,100 Ending $ 19,600 $ 69,700 $ 42,300 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. 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: $ Beginning raw materials inventory Add: Purchases of raw materials Total raw materials available 11,800 31,000 42,800 19,600 23,200 4,620 Less: Ending raw materials inventory Raw materials used in production Less: Indirect materials used in production Direct materials used in production $ Direct labor 18,580 59,300 87,500 Manufacturing overhead 55,600 220,980 Total manufacturing costs added to production Total manufacturing costs to account for Less: Ending work in process inventory Cost of goods manufactured 220,980 69,700 151,280 $ Required 1 Required 2 Prepare a schedule of cost of goods sold for the month. Assume the un Goods Sold. Primare Corporation Schedule of Cost of Goods Sold $ 33,100 151,280 Beginning finished goods inventory Add: Cost of goods manufactured Cost of goods available for sale Less: Ending finished goods inventory Unadjusted cost of goods sold Less: Underapplied overhead Adjusted cost of goods sold 184,380 42,300 142,080 4,080 138,000 $