17 Superior Company provided the following data for the year ended December 31. Superior closes any under-or over-applied overhead costs to cost of goods sold at the end of the year. Selling and administrative expense Sales Actual manufacturing overhead cost Total manufacturing cost for the year Cost of goods manufactured Direct labor cost Net operating income (after adjustment) Finished goods (beginning balance) Finished goods (ending balance) S 12,000 $ 87,000 $ 19,000 $ 45,000 $ 37,000 $ 10,000 $ 42,000 S 3,000 $ 15,000 What is the cost of direct materials used during the year? A $ 26,000 B. $ 24,000 C. $ 10,000 D. S 8,000 E. None of the above