18 January unadjusted Cost of Goods Sold would be: A. S 90,500 B. S 89,500 C. $ 84,500 DS 87,500 E. None of the above Use the information below to answer question 17 and 18: Keanu Corporation applies manufacturing overhead to jobs using predetermined overhead rate of 75% of direct labor cost. During January the company recorded the following: Purchased Used Raw Materials (all direct) S 38.000 35,000 0.15+ 301000 = $a $ Hous 3.150 Cost 30,000 Direct Labor (actual) S Actual MOH incurred 24.500 Jan 31 Selected inventory balances for the period were: Jan 1 Raw Materials S ? Work in Process 9,000 Finished Goods 42,000 8,000 RM 12,000 WIP 39,000 FGM unventory