16) Rochford Corporation has provided the following data concerning last month's operations. Purchases of raw materials $ 25,000 Indirect materials included in manufacturing overhead $5,000 Direct labor cost $ 58,000 Manufacturing overhead cost applied to Work in Process$ 73,000 Beginning $ 11,000 $ 49,000 Ending $ 21,000 $ 74,000 Raw materials inventory Work in process inventory Required: Determine the cost of goods manufactured for the month