Question
Thank you Check my w Primare Corporation has provided the following data concerning last month's manufacturing...



Check my w Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $32,000 $ 4,740 $59,100 $87,200 $ 4,090 Inventories Raw materials Work in process Finished goods Beginning $ 10, 700 $ 54,700 $ 33,500 Ending $ 19,900 $ 65,900 $ 43,200 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 manufactured for the month. Primare Corporation
Complete the question by entering your answers in the tabs below. 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 Naut
w 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 Dawid
Answers
Primare Corporation Schedule of Cost of Goods Manufactured Direct Materials: Beginning Raw Materials Inventory 10,700 Add: Purchases of Raw Materials 32,000 Total Raw Materials Available 42,700 Less: Ending Raw Materials 19,900 Raw Materials used in production 22,800 Direct Labor 59,100 Manufactured Overhead applied to Work in Process 87,200 Total Manufacturing Costs 169,100 Add: Beginning Work in Process Inventory 54,700 Less: Ending Work in Process Inventory 65,900 Cost of Goods Manufactured 157,900
Primare Corporation Schedule of Cost of Goods Sold Beginning Finished Goods Inventory 33,500 Add: Cost Of Goods Manufactured 157,900 Cost of Goods Available For Use 191,400 Less: Ending Finished Goods Inventory 43,200 Unadjusted Cost of Goods Sold 148,200 Add: Unerapplied Overhead 4,090 Adjusted Cost Of Goods Sold 152,290
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