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

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 months manufacturing operations. Purchases of
Complete the question by entering your answers in the tabs below. Required 1 Required 2 Prepare a schedule of cost of goods m
w Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule of cost of goods sold fothank you
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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