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

Purchases of raw materials	$	32,000
Indirect materials included in manufacturing overhead	$	4,760
Direct labor	$	60,000
Manufacturing overhead applied to work in process	$	88,600
Underapplied overhead	$	4,080

Inventories	Beginning		Ending
Raw materials	$	11,100	$	18,700
Work in process	$	54,000	$	66,200
Finished goods	$	33,900	$	42,800

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.