Primare Corporation has provided the following data concerning last month’s manufacturing operations. Purchases of raw materials $ 32,000 Indirect materials used in production $ 4,840 Direct labor $ 58,500 Manufacturing overhead applied to work in process $ 87,400 Underapplied overhead $ 4,120 Inventories Beginning Ending Raw materials $ 10,200 $ 19,500 Work in process $ 54,300 $ 68,900 Finished goods $ 34,200 $ 43,300 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.