Primare Corporation has provided the following data concerning last months manufacturing operations. Purchases of raw materials $ 31,000 Indirect materials included in manufacturing overhead $ 4,750 Direct labor $ 59,600 Manufacturing overhead applied to work in process $ 88,200 Underapplied overhead $ 4,130 Inventories Beginning Ending Raw materials $ 10,100 $ 19,600 Work in process $ 54,400 $ 67,400 Finished goods $ 33,900 $ 43,000

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.