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Primare Corporation provided the following data for last month's manufacturing operations. Purchases of raw materials Indirect materials used in production $ 3 0 , 0
Primare Corporation provided the following data for 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
$
Inventories Beginning Ending
Raw materials
Work in
process
Finished
goods
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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Prepare a schedule of cost of goods manufactured.
tablePrimare Corporation,Schedule of Cost of Goods Manufactured,Direct materials:,,,Total raw materials available,,,Raw materials used in production,,,Direct materials used in production,,$Total manufacturing costs added toproductionTotal manufacturing costs to account for,,,Cost of goods manufactured,,,
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