Purchases of raw materials Indirect materials used in production Direct labor Manufacturing overhead applied to work in process Underapplied overhead Inventories Raw materials Work in process Finished goods Required: Beginning Ending $ 12,000 $ 18,800 $ 54,500 $ 68,900 $ 34,100 $ 42,700 1. Prepare a schedule of cost of goods manufactured for the month. $ 31,000 $ 4,910 $ 58,300 $ 88,700 $ 4,080 2. Prepare a schedule of cost of goods sold for the month. Assume the underapplied or overapplied overhead is closed to Co Goods Sold. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a schedule of cost of goods manufactured for the month. Direct materials: Primare Corporation Schedule of Cost of Goods Manufactured Beginning raw materials inventory $ 12,000 Add: Purchases of raw materials 31,000 Total raw materials available 43,000 Less: Ending raw materials inventory 18,000 Raw materials used in production 25,000 Less: Indirect materials used in production 4,910 Direct materials used in production $ 20,090 Direct labor 58,300 Manufacturing overhead 167,090 Ending raw materials inventory Indirect labor Manufacturing overhead Purchases of raw materials Utilities, factory Required 2 > 245,480 245,480 68,900 $ 231,080