13) Cienfuegos Corporation has provided the following data concerning last month's operations. Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor cost Manufacturing overhead applied to Work in Process Overapplied overhead $ 36,000 $ 4,000 $ 58,000 $ 90,000 $ 3,000 I Raw materials inventory Work in process inventory Finished goods inventory Beginning $ 10,000 $ 62,000 $ 36,000 Ending $ 21,000 $ 70,000 $ 40,000 The company closes out any underapplied or overapplied manufacturing overhead to cost of goods sold. How much is the adjusted cost of goods sold on the Schedule of Cost of Goods Sold? A) $157,000 B) $154,000 C) $161,000 D) $197,000