Transcribed Image Text: Primare Corporation has provided the following data concerning last month’s manufacturing operations. Purchases of raw materials $32,000 $ 4,870 $58,700 $88,200 $ 4,130 Indirect materials included in

Transcribed Image Text: Primare Corporation has provided the following data concerning last month’s manufacturing operations.
Purchases of raw materials
$32,000
$ 4,870
$58,700
$88,200
$ 4,130
Indirect materials included in manufacturing overhead
Direct labor
Manufacturing overhead applied to work in process
Underapplied overhead
Inventories
Raw materials
Work in process
Finished goods
Beginning
$ 11,600
$ 54,300
$ 33,100
Ending
$ 18,400
$ 66,400
$ 42,600
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.
Complete the question by entering your answers in the tabs below.
Required 1
Required 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.
Primare Corporation
Schedule of Cost of Goods Sold
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o search Transcribed Image Text: Required 1
Required 2
Prepare a schedule of cost of goods manufactured for the month.
Primare Corporation
Schedule of Cost of Goods Manufactured
Direct materials:
Total raw materials available
Raw materials used in production
$.
Total manufacturing costs
Cost of goods manufactured
Required 2 >
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