Primary Corporation has provided the following data concerning last months manufacturing operations. Purchases of raw materials $ 31,000 Indirect materials used in production $ 4,840 Direct labor $ 58,200 Manufacturing overhead applied to work in process $ 87,600 Underapplied overhead $ 4,010 Inventories Beginning Ending Raw materials $ 10,200 $ 18,900 Work in process $ 54,700 $ 68,500 Finished goods $ 33,000 $ 42,800 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