Required:

1.	Prepare a schedule of cost of goods manufactured for the month.

Primare Corporation has provided the following data concerning last months manufacturing operations.

Purchases of raw materials	$	32,000
Indirect materials included in manufacturing overhead	$	4,540
Direct labor	$	58,900
Manufacturing overhead applied to work in process	$	88,000
Underapplied overhead	$	4,190

2. Prepare a schedule of cost of goods sold for the month.

Inventories	Beginning		Ending
Raw materials	$	11,000	$	18,900
Work in process	$	54,400	$	70,000
Finished goods	$	34,900	$	42,200