Assume the following from a schedule of cost of goods manufactured (the company uses no indirect materials in production): Beginning work in process inventory Ending work in process inventory Beginning raw materials inventory Ending raw materials inventory Purchases of raw materials Direct labor $ 10,000 $ 17,000 $ 3,000 $ 6,000 $ 38,000 $ 17,000 Manufacturing overhead applied to production $ 32,000 What is the cost of goods manufactured