Chapter 3, Problem 3E

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.

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.