Exercise 3-3 Schedules of Cost of Goods Manufactured and Cost of Goods Sold [LO3-3] Primare Corporation has provided the

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Exercise 3 3 Schedules Of Cost Of Goods Manufactured And Cost Of Goods Sold Lo3 3 Primare Corporation Has Provided The 1 (42.83 KiB) Viewed 49 times

Exercise 3 3 Schedules Of Cost Of Goods Manufactured And Cost Of Goods Sold Lo3 3 Primare Corporation Has Provided The 2 (41.82 KiB) Viewed 49 times

Exercise 3 3 Schedules Of Cost Of Goods Manufactured And Cost Of Goods Sold Lo3 3 Primare Corporation Has Provided The 3 (35.71 KiB) Viewed 49 times

Exercise 3-3 Schedules of Cost of Goods Manufactured and Cost of Goods Sold [LO3-3] 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 Inventories Raw materials Work in process Finished goods Beginning. $10,300 $55,500 $34,200 Required 1 Ending $ 19,400 $ 65,500 $ 43,700 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. Required 2 $ 32,000 $ 4,678 $ 58,400 $ 87,100 $ 4,050 Complete the question by entering your answers in the tabs below. Answer is not complete.

2 ts Answer is not complete. 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: Beginning raw materials inventory Add: Purchases of raw materials A Total raw materials available Less: Ending raw materials inventory Raw materials used in production Less: Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Total manufacturing costs Less: Ending work in process inventory Cost of goods manufactured 33 > ››› S $ 10,300 32,000 42,300 (19,400) 22,900 $ 22,900 58,400 87,100 168,400 168,400 (65,500) $ 102,900 Required 2 >

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 Answer is not complete. Beginning finished goods inventory Add: Cost of goods manufactured Cost of goods available for sale Less: Ending finished goods inventory Unadjusted cost of goods sold Add: Underapplied overhead Adjusted cost of goods sold 34,200 102,900 137,100 43,700 93,400X 4,050 $ 97,450 < Required 1