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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
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
32,000
4,990
59,
.800
$ 88.400
$ 4,050
Inventories
Work in process
Raw materials
Finished goods
Beginning
54,100
11,800
34,000
Ending
$ 65,200
19,900
42,400
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.
Please show how you did it!!
Primare Corporation has provided the following data concerning last month's 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 af Goods Sold. Complete this question by enterieg your answers in the tabs below, Prepare a schedule of cost of goods manufactured for the month. Prepare a schedule of cost of goods manufactured for the month. Prepare a schedule of cost of goods sold for the month. Assume the underapplied or overapplied overhead is elosed to Cost of Goods Sold Step by Step Solution
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