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

Purchases of raw materials	$	31,000
Indirect materials included in manufacturing overhead	$	4,720
Direct labor	$	59,700
Manufacturing overhead applied to work in process	$	87,100
Underapplied overhead	$	4,130

Inventories	Beginning		Ending
Raw materials	$	10,900	$	18,300
Work in process	$	55,100	$	69,600
Finished goods	$	34,800	$	43,100

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.