8 25 points USE THE FOLLOWING INFORMATION FOR QUESTIONS 8 AND 9: COGM and COGS Lilly Construction Company has provided the following data concerning Lilly's last month's manufacturing operations. Direct materials used in production $10,000 Direct labor $5,000 Manufacturing overhead applied to work in process $30,000 Underapplied overhead $1,000 Inventories Beginning Ending Raw materials $7,000 $13,000 Work in process $26,000 $13,000 Finished goods $15,000 $12,000 Compute Lilly's cost of goods manufactured (COGM) for the month. Type your answer... 2.5 points Compute Lilly's adjusted cost of goods sold for the month. Type your