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

Purchases of raw materials	$	31,000
Indirect materials included in manufacturing overhead	$	4,770
Direct labor	$	59,900
Manufacturing overhead applied to work in process	$	87,500
Underapplied overhead	$	4,090

Inventories	Beginning		Ending
Raw materials	$	10,400	$	18,800
Work in process	$	55,400	$	67,200
Finished goods	$	34,900	$	42,500

Required:

1. Prepare a schedule of cost of goods manufactured for the month.

Prepare a schedule of cost of goods manufactured for the month.

Primare Corporation
Schedule of Cost of Goods Manufactured
Direct materials:
Total raw materials available
Raw materials used in production
		$0
Total manufacturing costs
		0
Cost of goods manufactured

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.

Prepare a schedule of cost of goods sold for the month. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold.

Primare Corporation
Schedule of Cost of Goods Sold