This is one question but has two required sections. Section 1 is prepare a schedule of cost of goods manufactured. Section 2 is prepare a schedule of cost of goods sold; assuming the underapplied or overapplied overhead is closed to cost of goods sold.

Exercise 3-3 (Static) Schedules of Cost of Goods Manufactured and Cost of Goods Sold [LO3-3] Primare Corporation provided the following data for last month's manufacturing operations. Required: 1. Prepare a schedule of cost of goods manufactured. 2. Prepare a schedule of cost of goods sold. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold. Prepare a schedule of cost of goods manufactured. Prepare a schedule of cost of goods sold. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold