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Business, 01.10.2019 21:10 jhonpiper

Primare corporation has provided the following data concerning last month’s manufacturing operations. purchases of raw materials $ 30,000 indirect materials included in manufacturing overhead $ 4,590 direct labor $ 58,900 manufacturing overhead applied to work in process $ 88,100 underapplied overhead $ 4,030 inventories beginning ending raw materials $ 11,100 $ 19,800 work in process $ 54,300 $ 68,400 finished goods $ 34,300 $ 42,700 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.

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