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Primare Corporation Schedule of Cost of Goods Manufactured Direct materials: $ Beginning raw materials inventory Add: PurchasPrimare Corporation has provided the following data concerning last months manufacturing operations. Purchases of raw materi

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Primare Corporation
Schedule of Cost of Goods Manufactured
Direct Materials
Beginning raw materials inventory $            10,200
Add: Purchase of raw amterials $            30,000
Total raw materials available $            40,200
Less: Ending raw materials inventory $            18,500
Raw materials used in production $            21,700
Less: Indirect materials included in manufacturing overhead $              4,930 $            16,770
Direct labor $            59,400
Manufacturing overhead applied to work in process $            88,300
Total manufacturing costs $          164,470
Add: Beginning work in process inventory $            54,900
$          219,370
Less: Ending work in process inventory $            68,900
Cost of goods manufactured $          150,470
Primare Corporation
Schedule of Cost of Goods Sold
Beginning finished goods inventory $            34,900
Add: Cost of goods manufactured $          150,470
Cost of goods available for sale $          185,370
Less: Ending finished goods inventory $            42,700
Unadjusted cost of goods sold $          142,670
Add: Underapplied overhead $              4,040
Adjusted cost of goods sold $          146,710
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