#10. Money Corporatio n reported the following data for the month of March: Inventories: Beginning $40,000 23,000 $50,000 Endi Raw materials (Direct and Indirect) Work in process Finished goods $24 $17,000 $72,000 Additional information Raw materials purchases $63,000 $70,000 $53,000 $5,000 Direct labor cost Manufacturing overhead cost actually incurred Raw materials included in manufacturing overhead costs incurred as indirect materials $48,000 Manufacturing overhead cost applied to Work in Process The adjusted cost of goods sold that appears on the income statement for March is: a. $181,000 b. $171,000 C. $189,000 d. $186,000 e. $208,000