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

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.

Purchases of raw materials	$ 30,000
Indirect materials used in production	$ 4,800
Direct labor	$ 58,500
Manufacturing overhead applied to work in process	$ 89,000
Underapplied overhead	$ 4,050

Inventories	Beginning	Ending
Raw materials	$ 11,800	$ 19,800
Work in process	$ 54,700	$ 66,000
Finished goods	$ 33,300	$ 43,700