Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Under applied overhead $32.889 $ 4,960 $58.900 $88,600 $ 4,050 ferences Inventories Raw materials Work in process Finished goods Beginning $ 1,900 $ 54,400 $ 34,400 Ending $18,000 $ 68,600 42,700 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