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. ook Ceny WUI $30,000 Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $58,700 $87,700 $ 4,040 ook Inventories Raw materials Work in process Finished goods Beginning $ 11,900 $ 54,800 $ 33,900 Ending $ 18,300 $ 66,400 $ 42,600