Primare Corporation provided the following data for last month's manufacturing operations. Purchases of raw materials $ 31, 000 Indirect materials used in production $ 4, 910 Direct labor $ 59, 900 Manufacturing overhead applied to work in process $ 87, 600 Underapplied overhead $ 4, 120 Inventories Beginning Ending Raw materials $ 10, 400 $ 18, 200 Work in process $ 54, 400 $ 68, 200 Finished goods $ 33, 800 $ 43, 700 Required: 1. Prepare a schedule of cost of goods manufactured. 2. Prepare a schedule of cost of goods sold. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold