Primare Corporation has provided the following data concerning last months manufacturing operations. Purchases of raw materials $ 31,000 Indirect materials used in production $ 4,720 Direct labor $ 58,800 Manufacturing overhead applied to work in process $ 88,200 Underapplied overhead $ 4,120 Inventories Beginning Ending Work in process $ 55,500 $ 69,800 Raw materials $ 11,400 $ 18,300 Finished goods $ 34,600 $ 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.