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Primare Corporation provided the following data for last month s manufacturing operations.Primare Corporation provided the following data for last month's manufacturing operations. Requlred: Prepare a

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Primare Corporation provided the following data for last months manufacturing operations.Primare Corporation provided the following data for last month's manufacturing operations.
Requlred:
Prepare a schedule of cost of goods manufactured.
Prepare a schedule of cost of goods sold. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold.
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Prepare a schedule of cost of goods manufactured.
Purchases of raw materials $ 32,000
Indirect materials used in production $ 4,540
Direct labor $ 59,900
Manufacturing overhead applied to work in process $ 88,100
Underapplied overhead $ 4,170
Inventories Beginning Ending
Raw materials $ 10,300 $ 18,300
Work in process $ 54,200 $ 69,400
Finished goods $ 34,900 $ 43,200
Required:
Prepare a schedule of cost of goods manufactured.
Prepare a schedule of cost of goods sold. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold.
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