Question: i only need help with red x's on last page! Primare Corporation has provided the following data concerning last month's manufacturing operations. $ 31,000 $


Primare Corporation has provided the following data concerning last month's manufacturing operations. $ 31,000 $ 4,580 $ 59,400 $ 88,200 $ 4,010 Purchases of raw materials Indirect materials used in production Direct labor Manufacturing overhead applied to work in process Underapplied overhead Inventories Beginning Ending Work in process $ 54,100 $ 68,800 Raw materials $ 11,300 $ 18,300 Finished goods $ 33,900 $ 43,400 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 overhe Goods Sold. $ 54,100 Schedule of Cost of Goods Manufactured Beginning work in process inventory Direct materials: Beginning raw materials inventory S 11,300 Add: Purchases of raw materials 31,000 Total raw materials available 42,300 Less: Ending raw materials inventory 18,300 Raw materials used in production 24,000 Less: Indirect materials used in production 4,580 Direct materials used in production Direct labor Manufacturing overhead $ 19,420 59.400 88,200 + Total manufacturing costs added to production Total manufacturing costs to account for Less Ending work in process inventory Cost of goods manufactured 167020 221,120 68,800 $ 152 320 Required 2 > Complete this 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 dosed to Cost of Goods Sold Primare Corporation Schedule of Cost of Goods Sold Beginning finished goods inventory S 33,900 Add Cost of goods manufactured 152 320 Cost of goods available for sale 186.220 Loss Ending finished goods inventory 3003 Unadjusted cost of goods sold 185 920 3 Add: Underapplied overhead 4010 Adjusted cost of goods sold 5 189.930 SIS
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