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 $ 4,798 $ 58,300 $ 88,000 $ 4,098 Inventories Beginning Ending Raw materials $ 10,500 $ 19,300 Work in process $ 54,700 $ 68,600 Finished goods $ 34,200 $ 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 Goods Sold.