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Primare Corporation has provided the following data concerning last month's manufacturing operations. $30, 000 $5, 000 $58, 000 $87, 000 $ 4, 000 Purchases of
Primare Corporation has provided the following data concerning last month's manufacturing operations. $30, 000 $5, 000 $58, 000 $87, 000 $ 4, 000 Purchases of raw materials Indirect materials included in maufacturing overhead Direct labor Manuf acturing overhead applied to work in process Underapplied overhead Inventories Raw materials Work in process Finished goods Beginning Ending $12, 000 $ 18, 000 $56, 000 $ 65, 000 $35, 000 42, 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 Primare Corporation Schedule of Cost of Goods Manufactured Direct materials: Total raw materials available Raw materials used in production Total manufacturing costs Cost of goods manufactured Primare Corporation Schedule of Cost of Goods Sold
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